Indian rupee opens lower at 67.17 per dollar

The Indian rupee opened marginally lower at 67.17 per dollar on Tuesday versus previous close 67.13.

ripplesadvisory

The Indian rupee opened marginally lower at 67.17 per dollar on Tuesday versus previous close 67.13.

Anand James, Chief Market Strategist at Geojit Financial Services said, “With WTI oil also pushing above 70, the rupee resumed the weakness pushing beyond 67. FIIs continue to be net sellers in Indian equities, adding further pressure on the rupee. To this end, CPI release scheduled later this week will be viewed with interest.”

“Markets participants also watched the RBI’s recent move to conduct OMO; to buy government bonds worth up to Rs 10,000 crore on May 17,” he added.

On a one MISSED CALL on @9644405056 you can have your Free Trials for two days in Share Market so why are you waiting for, Hurry up! SUBSCRIBE US >> Ripples Advisory

 

 

Please follow and like us:
20
,

About admin

The stock market refers to any market arena where dealings of securities including equities, bonds, currencies, and derivatives occurs. Ripples Advisory Private Limited, Indore is the one who undertakes a wide range of competence, and our client’s services are boosts by our knowledge of regional risks and markets to inform the quirky financial, risk managing and regulatory appeals that they face.
View all posts by admin →