Today, USD-INR pair is expected to quote in the range of 69.05 and 69.80, says Motilal Oswal.
Moneycontrol News
@moneycontrolcom
The Indian rupee is trading lower by 24 paise at 69.39 per dollar versus Friday's close 69.15.
Rupee continued to consolidate in a narrow range ahead of the important inflation and industrial production number that was released on Friday. Inflation in March rose to the highest level in five months following rise in food prices, said Motilal Oswal.
On the other hand core inflation rose at a slower pace of 4.97% in March compared to 5.36% in the previous month. Industrial production in February rose a mere 0.1% compared to growth of 1.7% in the previous month.
First Published on Apr 15, 2019 04:20 pm
