Traders expect the central bank to hold the repo rate but are yet again starting to price in an increase in the reverse repo rate and possible withdrawal of rupee liquidity from the banking system.
Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 74.56 against the dollar and registered an intra-day high of 74.38
Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the domestic unit opened at 75.10 against the dollar and swung in the range of 74.83 to 75.13 during the day trade.