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"Expect rupee to trade in the range of 60.35-60.70/dollar, says Agam Gupta of Standard Chartered.
Rupee may weaken ahead of the GDP data for the April-June quarter expected on Friday. Expect USD-INR to trade in the range of 60.22-60.75/dollar, says Himanshu Arora, Currency Analyst at Religare.
The increased FII flows into Indian equity and bond markets have resulted in rupee gaining and touching 60.50/dollar after recent losses, says Ashutosh Raina of HDFC Bank.
The Indian rupee opened marginally lower at 60.55 per dollar on Monday as against Friday's closing value of 60.47 a dollar.Agam Gupta of Standard Chartered expects rupee to trade in the range of 60
The Indian rupee on Tuesday rose by nine paise to end at one-week high of 61.08 against the greenback on fresh dollar selling by banks and exporters.
Expect rupee to trade range-bound to slightly weak and will look forward to the local equities for further cues. Range for the day seen at 60.80-61.80/dollar, says Pramit Brahmbhatt of Veracity.
The risk-off scenario however is not likely to be an enduring one. The rupee is expected to trade in a range of 61.20-61.60/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.
-month highs. The dollar index is near 81.31 levels gaining over 2 percent for the month. The euro was flat near 1.34.Also Read - Weak global cues push rupee to 4 month lowAgam Gupta of Standard
Rupee is expected to trade in a range of 60.05-60.25/dollar, says Agam Gupta of Standard Chartered.
Taking cues from the strong equity market sentiment, we expect rupee to appreciate though the dollar demand from oil importers will keep rupee under pressure, says Pramit Brahmbhatt of Veracity.
In the absence of any major triggers and with RBI absorbing FII inflows, the rupee is expected to trade in a narrow range of 60-60.25/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.
Today rupee is expected to depreciate as geopolitical tension has taken the front seat which will force local equities to trade low as asian markets have already opened in red which will further harm
I expects the rupee to be in a reasonably tight range as global cues could see a marginal risk off going forward, says Tirthankar Patnaik of Religare Capital Markets.
Expect rupee to trend in the range of 59.80-60.20/dollar, says Agam Gupta of Standard Chartered.
Taking cues from positive equities, rupee is expected to gain. Range for the rupee seen between 59.80-60.60/dollar, says Pramit Brahmbhatt of Veracity.
The Indian rupee opened higher by 8 paise at 60.12 per dollar versus 60.20 Monday.Euro continues to remain under pressure, trading below the 1.36 mark.Also Read - Rupee seen at 60/USD by year end
The Indian rupee opened with marginal gains of 8 paise at 60.10 per dollar.
Rupee is at the weakest level in a month on weak global cues and foreign banks dollar buying. Dollar is at around 2 week lows against the yen and the euro stable at levels of 1.35.
Rupee is trading in a narrow range as FII flows are neutralised by oil and gold related demand for dollars and sterilisation by RBI to prevent appreciation of rupee, says Mohan Shenoi of Kotak
The Indian rupee opened flat at 59.24 per dollar against 59.20 Monday.The dollar strengthened pulling the euro dollar below 1.36.Also Read - RBI issues final guidelines on liquidity coverage ratio
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