scorecardresearchMarkets Pre-Open: Indian rupee likely to open flat as oil surge counters dollar retreat

Markets Pre-Open: Indian rupee likely to open flat as oil surge counters dollar retreat

Updated: 24 Aug 2022, 08:43 AM IST
TL;DR.
The rupee is seen at around 79.84-79.88, compared with the previous session's close of 79.8625. It traded in a range of about 20 paisa in the last three sessions.
A vegetable vendor counts Indian rupee banknotes at a vegetable market in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

A vegetable vendor counts Indian rupee banknotes at a vegetable market in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg