| Date: |
06-11-2015 |
| Subject: |
Rupee opens lower at 65.80 per dollar |
|
The Indian rupee opened marginally lower by 5 paise at 65.80 per dollar on Friday versus 65.75 Thursday.
Pramit Brahmbhatt of Veracity said, "Expect rupee to depreciate today as Asian markets have opened on a weak note which will force local equities to trade low. Also the gain in dollar may keep rupee under pressure. Rupee range for the day is seen between 65.40-66.20/dollar."
Dollar at a three-month high against a basket of major currencies and a two-month peak versus the yen following comments from Federal Reserve officials suggesting a growing chance of an interest rate hike next month.
Source : moneycontrol.com
|