Equity Market Tips: Rupee Opens Flat

Rupee opens flat at 67.18 per dollar

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Indian RupeeThe Indian rupee opened flat at 67.18 per dollar on Friday versus previous close of 67.17.

The USD-INR pair is boxed in a range for some time now and I expect similar behaviour going forward.

Support level of 67/dollar will hold and the trading range is seen between 67.10-67.50/dollar.

Yen held steady after appreciating over 1 percent overnight, dollar index pared some of its gains, slipped below 97 mark.

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