The Indian rupee slipped in the early trade on Tuesday. It opened lower by 12 paise at 69.27 per dollar versus Friday’s close 69.15.

Dollar v/s Rupee
Dollar v/s Rupee

 

Rupee is expected to open on a flat note and could to trade with a positive bias after the RBI announced to conduct USD 5 billion dollar-rupee swap auction on 23rd April following the success of the first round last month.

Today, USD-INR pair is expected to quote in the range of 69.20 and 69.80, it added.

 

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