The Indian rupee slipped to a record low as it fell 66 paise in the early trade on Monday.
It has opened at 69.47 per dollar on Monday versus 68.83 Friday.
The dollar-rupee August contract on the NSE was at 68.99 in the previous session. August contract open interest declined 1.86% in the previous day, said ICICIdirect.
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
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source:https://www.moneycontrol.com/news/business/markets/indian-rupee-hits-record-low-opens-at-69-49-per-dollar-2835521.html
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