Rupee starts trading weaker against dollar at 64.63

Rupee in early trade today starts trading lower at 64.63 to the dollar.

According to the Bhaskar Panda of HDFC Bank said, "the dollar index has firmed up a bit on the basis of political uncertainties in Europe. He said the USD-INR pair has been in consolidation mode around 64.50 to the dollar and that the same trend is likely to continue."

Panda further added, "the USD-INR is expected to trade between 64.45 and 64.70 in the immediate term."

 

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