USDINR trading range for the day is 64.32-64.66.



USDINR trading range for the day is 64.32-64.66. Rupee rose to near one-week high against the dollar on likely foreign institutional investors into local stocks and selling by Indian companies. India’s retail inflation likely breached the central bank’s 4.0 percent medium-term target in November after unseasonably heavy rains sent food prices soaring. RBI: There is a risk that upward trajectory in inflation excluding food and fuel may continue in the near term.

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