Indian Rupee Opens Lower At 63.90 Per Dollar

The Indian rupee opened lower at 63.90 per dollar on Tuesday versus previous close 63.87.

 

Any rally around or move above 64 is meeting with customer selling. For today, expect a range of 63.70-63.90 to hold.

 

The yields of the Indian benchmark is trying to find a base just above 7.40 percent. Expect today's range between 7.44-7.48 percent.

 

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