| Date: |
29-01-2016 |
| Subject: |
Rupee rises 13 paise; opens at 68.10 per dollar |
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The Indian rupee gained in the early trade on Friday. It has opened higher by 13 paise at 68.10 per dollar against previous close of 68.23.
Pramit Brahmbhatt of Veracity said, "Rupee will remain under pressure as FIIs are net sellers in the Indian equity market."
He further added, "The rupee remains weak above 67.80/dollar levels and can weaken further. The USD-INR is expected to trade in a range of 68-68.50/dollar today."
Dollar fell as a plunge in US durable goods orders supported the view of weakening US growth due to softer global demand.
Source : moneycontrol.com
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