Utilise downsides in the pair to initiate long positions, says ICICIdirect.
Moneycontrol News
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The Indian rupee opened lower by 17 paise at 70.17 per dollar on Friday versus previous close 70.
The dollar-rupee March contract on the NSE was at 70.15 in the previous session. March contract open interest declined 4.0% in the previous session, said ICICIdirect.
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.First Published on Mar 8, 2019 09:01 am
