On Monday , USDINR opened 11 pips weaker at 69.33/34 after Friday closed at 69.22/23 levels.
In Early trade Rupee fall sharply 20 pips against greenback.
Oil price rally keep USDINR under pressure.
Friday Forex Reserve data showing RBI continuously building reserve.
EM FX - Mostly currencies are vulnerable.
INTRADAY RANGE - 69.03 ( 69.15 - 69.55 ) 69.71
On Friday , The rupee skidded 30 pips to finish at 69.23 per US dollar, largely owing to increasing demand for the greenback from importers.
Forex traders said strengthening of the dollar against key currencies overseas also kept the rupee under pressure, though persistent foreign fund inflows restricted the fall.
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