Indian rupee opens at 64.52 per dollar, rises 12 paise

The Indian rupee gained in the early trade on Monday. It has opened higher by 12 paise at 64.52 per dollar versus 64.64 Friday.
In the absence of any directional cue, the USD-INR pair will trade in a range of 64.50-64.80/dollar, says Pramit Brahmbhatt of Veracity.
Pramit Brahmbhatt of Veracity said, “In the absence of any directional cue, the USD-INR pair will trade in a range of 64.50-64.80/dollar. However, technical bias would remain positive for the dollar.”

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