The Indian rupee opened flat at 68.18 per dollar on Monday versus 68.19 Friday. Pramit Brahmbhatt of Veracity said, “In anticipation of a rebound in domestic equity market, we expect the rupee to trade with a positive bias for the day.
The trading range for the USD-INR pair is seen between 68-68.50/dollar,” he added. The euro sunk to 20-months lows after Italian PM resigns in the wake of a defeat on constitutional reform.
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