The Indian rupee opened higher at 81.64 per dollar on Wednesday versus yesterday’s close of 81.72. The domestic currency is expected to appreciate amid positive domestic equity markets, strength in Asian peers and weakness in the greenback. In the previous session, rupee slipped against the US dollar as rising crude…
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Rupee likely to appreciate amid weak dollar, positive equity markets; USDINR pair to trade in this range
The Indian rupee is likely to appreciate on Monday amid a weak dollar and rise in risk appetite in domestic markets. Additionally, persistent FII inflows may support the rupee. Meanwhile, sharp gains may be prevented on a rise in crude oil prices after Opec+ agreed to stick to their October…