INDIAN RUPEE REPORT
Indian rupee opened lower at 62.40 against US dollar on Tuesday versus previous day’s closing value of 62.32 per dollar.
The broad range for the dollar-rupee remains at 63.50-60.90/dollar. “If the pair comfortably stays above 62.55-60/dollar levels in coming sessions, we could see it moving further up towards 63.50/dollar in the near future.
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