The Indian rupee has opened marginally lower at 66.35 per dollar on Tuesday against previous day's close of 66.33.
Ashutosh Raina of HDFC Bank said, "The market is keenly awaiting the outcome of FOMC meeting later this week. Markets expect Fed to keep rates on hold in this meeting in the face of global growth concerns."
"The USD-INR pair continues to trade in the 66-66.50/dollar range and should continue to trade this range till some clarity on policy action from central banks," he added. The dollar remained close to a three-week low against a basket of major currencies ahead of this week's Federal Reserve meeting.
Source:moneycontrol.com
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