The Indian rupee opened marginally higher at 66.81 per dollar on Friday versus 66.84 Thursday. Ashutosh Raina of HDFC Bank said, "The rally in USD-INR pair continues on the back of global risk-on sentiment, even though dollar index has moved higher to 100.65 from recent lows." "We expect the pair to trade in the 66.60-67/dollar range for today," he added.
Also, Read - RBI's policy decision slightly negative for India equities, INR Dollar gained after comments from US President Donald Trump that he would make a major announcement on a "phenomenal" tax plan in the next few weeks.
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