Following Friday’s consolidation, the spot rupee kick-started this week below 68-mark with a loss of 19 piase at 68.15, on the back of fresh demand is US currency.
So far, the domestic currency has hit a low of 68.25 as against the US dollar.
Right now, the spot rupee is down 25 paise at 68.21.
Meanwhile, January rupee futures are also down 25 paise at 68.36 per dollar.
The counter has seen trades of around 2,63,249 contracts, while the open interest has decreased over 0.5 percent on the NSE.
Compared to the European-currency, the Indian rupee has rebounded into green, and is up 15 paise at 71.84.
Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us.