| Date: |
11-09-2015 |
| Subject: |
Rupee opens higher at 66.34 per dollar, up 9 paise |
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The Indian rupee gained in early trade on Friday. It has opened higher by 9 paise at 66.34 per dollar against 66.43 yesterday.
Pramit Brahmbhatt of Veracity said, "Local equity market is likely to trade sideways today and will take cues from global markets for further direction. Strength in USD will keep rupee under pressure."
"Investors are expected to trade cautiously and square off their positions ahead of the weekend. We see the range for the rupee between 66-67/dollar today," he added.
The dollar fell after economic data in US sent contrary signals on whether the US Fed would raise interest rates next week.
Source : moneycontrol.com
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