On Friday , USDINR opened 10 pips firm @ 69.23/24 after yesterday finished at 69.33/34.
In Early Trade rupee sharp appreciation on profit taking.
Heavy flow in Indian Equity market keep USDINR favorable pair in Asian Region.
Concern , dollar advance on yields recovery, Oil again on north side momentum supported by OPEC.
INTRADAY RANGE - 68.82 ( 69.05 - 69.48 ) 69.78
On Thursday , The rupee slumped 42 pips to end at 69.33 against the US dollar, its second straight session of decline, in line with other Asian currencies amid strengthening of the greenback.
Interbank Foreign Exchange market, the rupee opened weak at 69.10 and fell further to touch the day's low of 69.36.
On Friday, The U.S. dollar steadied in Asia even after data showed a weaker-than-expected fourth quarter GDP data.
The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.1% to 96.773.
On Thursday, the Commerce Department said U.S. gross domestic product increased at a 2.2% annual rate in the October-December period, Economists had expected a 2.4% growth rate.
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