Ripples Advisory :Indian rupee opens flat at 64.45 per dollar

Rupee will appreciate on the back of positive cues from domestic equity market, says Pramit Brahmbhatt of Veracity.

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The Indian rupee opened flat at 64.45 per dollar on Monday against Friday's close 64.45.

Pramit Brahmbhatt of Veracity said, "Rupee will appreciate on the back of positive cues from domestic equity market. Thus the trading range for the spot USD-INR pair would be 64.20-64.80."

In the currency space, the dollar was steady in early trade today, underpinned by expectations of higher US interest rates, while Bitcoin seized the spotlight as futures of the cryptocurrency began trading.