Indian Rupee Opens Higher By 28 Paise At 68.10 Per Dollar

The Indian rupee opened higher by 28 paise at 68.10 per dollar on Wednesday versus previous close 68.38.

Near-month dollar-rupee June contract on the NSE was at 68.40 in the previous session. June contract open interest increased 7.27% in the previous day, said ICICIdirect.

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.

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