| Date: |
16-09-2015 |
| Subject: |
Rupee opens lower at 66.43 per dollar |
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The Indian rupee opened lower by 7 paise at 66.43 per dollar on Wednesday against 66.36 Tuesday.
Pramit Brahmbhatt of Veracity said, "Investors are expected to trade cautiously ahead of the Fed decision on interest rates. The rupee is expected to trade rangebound to slightly weak taking cues from a strong dollar. We see the range for the rupee between 65.90-66.80/dollar."
The dollar gained, as wall street rallied on solid retail sales data that supports the view of a steady US economic expansion.
Source : moneycontrol.com
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