The Indian rupee opened flat at 64.42 per dollar on Monday versus 64.41 Thursday.
Pramit Brahmbhatt of Veracity said, "Pessimism that persists on back of geo-political situation and weak cues from domestic equity market will be the reason for Rupee to depreciate today."
"We expect the USD-INR pair to trade in a range of 64.20-64.80/dollar today," he added.
The dollar dipped to a five-month low against the yen as rising tensions over North Korea kept the safe-haven Japanese currency in demand. The dollar is trading at its lowest level since mid-November.
Source: moneycontrol.com