Rupee/Dollar: The Indian
rupee opened marginally lower at 66.52 per dollar on Wednesday against previous
closing 66.49. Overall, we can expect the rupee to appreciate today and is
expected to trade in the range of 66.20-66.80/dollar
The dollar fell as a contraction in US manufacturing PMI and
upbeat european economic data knocked the greenback from 8 and a half-month
highs against a basket of major currencies.
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