Indian Rupee Opens At 64.20 Per Dollar, Slips 12 Paise

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The Indian rupee opened lower by 12 paise at 64.20 per dollar on Friday versus previous close 64.08.

On Thursday rupee has registered a biggest single session fall against dollar since July 3 as it was ended at 64.08 versus Wednesday's close of 63.83.

The dollar fell to eight-week low against the yen as escalating tensions between the United States and North Korea triggered yet more investor flight to safety.

Bhaskar Panda of HDFC Bank said, "USD-INR danced to both global risk-off and local issues including Dokalam issue. Technically, rupee continued to close above 63.80 which puts focus back on 64.30. Hence, expect USD-INR pair to trade within a range of 64-64.20 today."

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