The Indian rupee slipped in the early trade on Wednesday. It has opened lower by 27 paise at 65.56 per Dollar versus 65.29 Tuesday. The USD-INR pair is expected to take cues from the equity market and how the Dollar behaves against other major currencies. The Dollar weakness is expected to continue. Expected the USD-INR pair to trade in a range of 65.15-65.40/dollar for the day." The dollar dipped to a near-four-month low as concerns over Trump's policy implementations grew. The greenback has been under pressure after comments from the US Federal Reserve last week disappointed dollar bulls.
Free Trials for two days in Financial Market click here to subscribe us >>