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Rupee opens lower at 67.33 per dollar

Rupee opens lower at 67.33 per dollar

The Indian rupee opened lower by 6 paise at 67.33/dollar on Tuesday against previous close 67.27.

Ashutosh Raina of HDFC Bank said, “The strong rally in $-INR has been halted by aggressive intervention. Expect the pair to trade in the 67-67.50/$ range in near term.”

Yen held steady against the dollar on safe haven buying. The currency has gained more than 3 percent since the UK.

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