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Rupee opens at 66.12 per dollar; slips 10 paise.


Date: 18-11-2015
Subject: Rupee opens at 66.12 per dollar; slips 10 paise
​The Indian rupee has opened lower by 10 paise at 66.12 per dollar on Wednesday against previous days's closing value of 66.02 a dollar.

Pramit Brahmbhatt of Veracity said investors are expected to trade cautiously ahead of data due this week.

According to him, the rupee is expected to trade weak taking cues from a strong dollar. He sees the range for the rupee between 65.60-66.40/dollar today.

The dollar gained on expectations that the Federal Reserve will raise interest rates next month.

Source : moneycontrol.com

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