Rupee at day's high, trades at 70.07 per dollar

Today, USD-INR pair is expected to quote in the range of 70.05-69.80 and 70.60-70.80, says Motilal Oswal.

The Indian rupee is trading at day's high at 70.07 per dollar. It is trading higher by 18 paise versus previous close 70.25.

On April 25 the domestic currency ended 39 paise at 70.25 against the US currency on the back of rising crude oil prices in the international markets and sell-off in domestic equity markets.

Yesterday the rupee has registered a lowest close since March 6, while this is a biggest single session fall since April 8.

Today, USD-INR pair is expected to quote in the range of 70.05-69.80 and 70.60-70.80, it added.

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