| Date: |
04-01-2016 |
| Subject: |
Rupee opens at 66.25 per dollar; down 11 paise |
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The Indian rupee opened lower by 11 paise at 66.25 per dollar on Monday versus 66.14 Friday.
Himanshu Arora of Religare said, "The rupee is expected to trade on weaker note today on bleak fundamental data on fiscal balance released recently. Weak equities may keep pressure on the rupee today."
"We see the range for the USD-INR pair between 65.93-66.35/dollar today," he added.
Yen traded near the highest in more than two months as investor appetite waned for risky assets. The dollar index held firm near 99 mark.
Source : moneycontrol.com
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