Rupee opens 4 paise higher, hovers around 65 against US Dollar

Ripples Advisory

The Indian Rupee has opened higher by 4 paise at 64.97 a Dollar

The Indian Rupee continued hovering around 65 against the US Dollar. It has opened higher by 4 paise at 64.97 a Dollar on Tuesday.

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The focus has now turned on the new incumbent at US Federal Reserve.

US President had mentioned that he is very close to finding the new Federal chair.

The USD-INR seems to be in a territory of calm. Today could be a repeat of the same sentiment as the pair is expected to trade within a range of 64.95-65.10 a Dollar.

In the previous session, the Rupee closed at 65.01, higher by 3 paise compared to Wednesday’s close of 65.04 a Dollar.

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