The pair USD/INR opened at 62.22, a bit more than yesterday’s closing LTP of 62.19
Dayhigh as of now is 62.2550 and Daylow is 62.18. CMP is 62.2450
Yesterday OPEC meeting concluded without any cut in oil output. Hence USD became more strong against JPY, GBP, EUR etc.
Indian Rupee awaits a bunch of data such as Fiscal Deficit (Oct), GDP quarterly, Infrastructure output, FX reserves etc. today at 5pm IST. Also due to US Thanksgiving holiday continuation, I expect less volatility today.