scorecardresearchRupee may open higher on yuan recovery, dollar pullback

Rupee may open higher on yuan recovery, dollar pullback

Updated: 06 Sep 2022, 08:35 AM IST
TL;DR.
The rupee is expected to be around 79.75 in initial trades, compared with 79.8425 in the previous session.
A shopper hands the Indian rupee banknotes to a roadside textile vendor 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 shopper hands the Indian rupee banknotes to a roadside textile vendor 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