The Indian rupee opened higher in the early trade on Monday. It has opened higher by 12 paise at 64.52 for every dollar versus 64.64 Friday.
Pramit Brahmbhatt of Veracity stated, “without any directional signal, the USD-INR pair will trade a scope of 64.50-64.80/dollar. Be that as it may, specialized predisposition would stay positive for the dollar.”
The dollar continued its slide, indenting its greatest weekly loss in about a year. The dollar held almost six-month lows against a basket of monetary standards as financial specialists surveyed the effect of US political turmoil and a resurgent euro.