Today; Indian rupee opened at 64.91 against dollar in early trade today.
According to the Pramit Brahmbhatt of Veracity said, "Pessimism which persists in the domestic equity market will be the reason for rupee to depreciate. The spot USD-INR pair will trade in a range of 64.80-65.20/dollar today."
As per the Forex dealers said, "a higher opening in domestic equity market also supported the rupee but the dollar's strength against some currencies overseas, capped the rupee's gain."
Also Read:
Rupee slips by 23 paise against dollar in early trade