Rupee opens at 66.90 per $, down 4 paise

The Indian rupee opened lower by 4 paise on Monday at 66.90 for every dollar versus its past close of 66.87/$. 

On the economy front, India's Industrial yield shrunk by 0.4% amid December, a sharp inversion when contrasted and development of 5.7% amid the earlier month. The print was overloaded by decrease in both capital products and shopper merchandise. 

US dollar has bounced back emphatically after Trump is accounted for to grasp conventionality arrangement position. In the mean time, Sterling got signals from better macroeconomic numbers, where British mechanical yield climbed more than anticipated in December and the exchange shortfall was smaller than estimated. 

On February 10, the rupee finished at 66.88/$ bring down by four paise from its past close of 66.84/$. The cash touched a high and low of 66.88/$ and 67.09/$ separately. 

The Reserve Bank of India's (RBI) reference rate for the dollar remained at 66.93 and for Euro remained at 71.33 on February 10, 2016. While, the RBI's reference rate for the Yen remained at 59.71, the reference rate for the Great Britain Pound (GBP) remained at 83.77.

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