Utilise down sides in the pair to initiate long positions, says ICICIdirect.
Moneycontrol News
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The Indian rupee slipped in the early trade on Monday. It opened lower by 54 paise at 71.34 per dollar against previous close 70.80.
The dollar-rupee December contract on the NSE was at 70.90 in the previous session. December contract open interest increased 0.42% in the previous session, said ICICIdirect.
We expect the USD-INR to find supports at lower levels. Utilise down sides in the pair to initiate long positions, it added.First Published on Dec 10, 2018 09:40 am