We expect the USD-INR to meet supply pressure at higher levels, says ICICIdirect.
Moneycontrol News
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.First Published on Jun 21, 2018 09:00 am