The rupee opened marginally weak at 61.82 to the dollar as against its previous close of 61.71. Global cues were strong as Chinese GDP data came in stronger than expected.
The rupee is expected to trade in a range in the absence of any major cues. The currency has witnessed a sharp rally in the last few days on the back of increase in FII inflows.
Dealers say that the rupee may continue to trade in a range and the RBI maybe comfortable with the rupee at the current levels. Check rupee rates here
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