Fx methods expecting , USDINR likely to start Monday trade in range.
we expecting opening range between 69.43/50 levels.
Oil price up, emerging market currencies weaker despite USA-MEXICO relief from tariff avert, looks focus sifts from mexico to USA-CHINA trade war tension.
Intraday domestic pair could depreciate against greenback.
INTRADAY RANGE - 68.85 ( 69.12 - 69.55 ) 69.84
On Friday, Rupee opened 7 pips higher at 69.19 against the US dollar on account of some selling in American currency by banks and importers.
The country's foreign exchange reserves increased by USD 1.875 billion to USD 421.867 billion in the week to May 31, Reserve Bank data showed Friday.
In the previous week, the reserves had risen by USD 1.99 billion to USD 419.99 billion.
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