Indian rupee opens lower at 64.63 per dollar

The Indian rupee opened lower by 8 paise at 64.63 per dollar on Tuesday versus previous close 64.55. "USD-INR pair bounced back from recent lows and is expected to move towards 65/dollar in due course of time. Today the pair is expected to trade within a range of 64.40-64.60." "The 10-year benchmark yield is expected to trade within a range 6.76-6.78 percent. The yield is expected to soften further."

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