Rupee trades lower at 70.66 per dollar - Highlight Investment Research

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Highlight Investment Research

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Wednesday, 5 December 2018

Rupee trades lower at 70.66 per dollar

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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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