The Indian rupee opened marginally lower at 65.07 per dollar on Wednesday versus 65.02 Monday. Bhaskar Panda of HDFC Bank said, “The rupee is likely to remain rangebound today and stay between 64.90-65.10/dollar.
The dollar was flat but traded lower against the yen which rose to a one-week high. Caution prevails ahead of the US china meeting. Investors will be watching for any discussion on trade or currency manipulation.
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