Rupee trades lower at 70.66 per dollar - Highlight Investment Research

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Wednesday 5 December 2018

Rupee trades lower at 70.66 per dollar

The Indian rupee is trading lower by 17 paise at 70.66 per dollar against previous close of 70.49 per dollar.

The dollar-rupee December contract on the NSE was at 70.69 in the previous session. December contract open interest increased 1.71% in the previous session. 

 

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.

 

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