Indian Rupee Opens Lower By 12 Paise At 68.19 Per Dollar

The Indian rupee opened lower by 12 paise at 68.19 per dollar on Thursday against previous close 68.07.

Near-month dollar-rupee June contract on the NSE was at 68.13 in the previous session. June contract open interest declined 3.35% in the previous day, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.

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