Rupee consolidates-22-July-2016

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The spot rupee is consolidating for the second straight day as against the US dollar.

Yesterday, the domestic currency recovered losses and with a marginal loss of 3 paise at 67.17.

The spot rupee started this morning at 67.18, and is now quoted at 67.19.

Meanwhile, July currency futures are trading at 67.20 per dollar.

The counter has seen trades of around 1,01,805 contracts, while the open interest has increased over 1.5 percent on the NSE.

Compared to the European-currency, the Indian rupee has gained 10 paise as against the Euro.

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