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Rupee opens at 67.20 per dollar, gains 11 paise : 06.02.2017

Rupee opens at 67.20 per dollar, gains 11 paise : 06.02.2017
The Indian rupee has opened marginally higher at 67.20 per dollar against Friday's closing of 67.31 a dollar, registering a gain of 11 paise.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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The Indian rupee has started off the week on a strong note, especially ahead of RBI policy on Wednesday. It has opened marginally higher at 67.20 per dollar against Friday's closing of 67.31 a dollar, registering a gain of 11 paise. Veracity says that positive cues from equity market will help the rupee appreciate and it may head towards 67.20 levels. He expects the trading range for the USD-INR pair between Rs 67.20-67.50/dollar. The US dollar remained defensive amid uncertainty about the Trump administration's dollar policy. It slipped versus the yen.