On Tuesday , FX-methods views on domestic pair against greenback is expecting to open weaker note, opening likely in between 69.83/90 levels.
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Market waiting ahead of FED outcome on 19th June 2019.
Easing oil prices on Iran tension could provide some cushion to USDINR pair.
INTRADAY RANGE - 69.55 ( 69.72 - 70.03) 70.25
On Monday, The Indian rupee fell by another 10 pips to close at 69.89 to the the US currency, its third straight-session loss, in line with intense sell-offs in domestic equities amid concerns over Indo-US trade tariff disagreements.
Easing crude oil prices and weakening of the US dollar against key rivals helped the Indian rupee contain losses to some extent.
At the interbank foreign exchange (forex) market on Monday, the domestic currency opened higher at 69.80 a dollar but lost ground during the day to fall to 69.94. The rupee finally settled at 69.89.
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