Indian Rupee Opens At 66.88 Per Dollar

The Indian rupee opened at 66.88 per dollar on Thursday versus previous close 66.90.According to Motilal Oswal, for the day, rupee is expected to quote in the range of 66.60 and 67.20 (Spot).

Dollar rallied against its major crosses and rose to the highest level in three months as US10-year yield continues to rise. 

In the recent past, better-than-expected economic numbers from the US has supported the dollar on lower levels and today market participants will be keeping an eye on core durable goods number to gauge a view for the dollar, it added.

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