Equity Tips: Indian rupee opens higher at 64.55 per dollar

The Indian rupee opened marginally higher at 64.55 per dollar on Monday versus 64.61 Friday.

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ABOVE 1.50 

TG1-1.85 

SL-0.75.

The rupee is stuck in a tight range of 64.50-64.80/dollar and would trade in that range for the day. We expect the rupee to continue to depreciate on the back of negative cues from global equity market and constant FII outflow.

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Currency Market News by TradeIndia Research

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BELOW 180.00 

TG1-178.00 

TG2-181.90.

Indian rupee opens higher at 64.60 per dollar

The Indian rupee opened marginally higher at 64.60 per dollar on Wednesday versus 64.63 Tuesday.

Rupee has been weakening and may depreciate to 64.80/dollar. Trading range for the day will be 64.50-64.80/dollar.

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Equity Tips with Currency Market News

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ABOVE 24.50 

TG1-28 

TG2-33 

SL-18.40.

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Indian rupee opens at 64.30 per dollar

The Indian rupee opened marginally lower at 64.30 per dollar on Monday versus previous close 64.28.

Next technical hurdle for rupee is 64.20/dollar. Trading range for the spot USD-INR pair will be 64.20-64 70/dollar.