“We are keen on opening this week with eyes set on 18200, but would remain watchful though on approach to 17835, the congestion point discussed on Friday,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.