The Indian rupee has opened at 66.52 per
dollar, up 0.04 percent or 0.02 on Wednesday.
Bansi Madhavani of India Ratings says outcome
of key central bank meetings, both BoJ and Fed, is expected to keep the balance
of risk in favour of EM currencies. She says, with dollar continuing to note
headwinds, rupee may benefit in the near term on account of 'risk-on'
sentiment. in the near term. She is eyeing a range of 66.20-66.85 per dollar on
the rupee.
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