Forex Market News

Rupee Opens Flat At 68.18 Per Dollar

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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