Rupee opens lower by 9 paise at 66.60/$

The currency touched a high and low of 66.86 and 66.93 respectively

Indian Rupee today opened at 66.60 against the dollar, lower by 14 paise in early trade on Monday.
The rupee ended weak on Friday on persistent demand for the American currency from banks and importers amidst foreign capital outflows. On the global front, dollar fallen against the yen as the safe-haven Japanese currency gathered bids after Tokyo shares fell to a seven-month low in nervous trading ahead of US jobs data. With investors turning cautious of the US jobs data which is expected later in the day that would influence Federal Reserve’s decision on the timing of rate hike, Asian trade witnessed benign oil prices on Friday.U.S. crude for October delivery was down 20 cents at $46.55 a barrel, after settling 50 cents higher in the previous session, as per the report.

Indian rupee ended at 66.46, weaker by 22 paise on Friday. The currency touched a high and low of 66.86 and 66.93 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.40 and for Euro stood at 73.89 on September 04, 2015. While, the RBI’s reference rate for the Yen stood at 55.57, the reference rate for the Great Britain Pound (GBP) stood at 101.1941.