Friday, 29 April 2016

Rupee opens marginally higher at 66.48 per dollar

The Indian rupee has started off last day of the week on a positive note, rising to 66.48 a dollar compared to 66.52 per dollar in previous session.

The Indian rupee has opened marginally higher at 66.48 a dollar on Friday compared to 66.52 per dollar in previous session.

Pramit Brahmbhatt, Veracity says he feels the rupee is expected to remain rangebound with 66.80 level as a resistance for the dollar.

According to him, weakness in the dollar can help the rupee to appreciate and test Rs 66.20/USD levels.

Meanwhile, the Japanese yen held on to broad gains, having posted its biggest one-day rally in over five years against the greenback and euro after the Bank of Japan skipped a chance to ease policy.
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