USDINR trading range for the day is 66.69-67.29


USDINR trading range for the day is 66.69-67.29.

Rupee dropped as demand for greenback rose on fears upbeat US NFP data would build a case for three more rate hikes in 2018.

Adding to this, dollar demand from oil importers and easing concern about US-China trade rift too weighed on the rupee.India FX reserves at record $420.36 bln as on Apr 27, down $3.21 bln on week.

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