Rupee opens lower at 65.80 per dollar | Stock Cash Tips

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The Indian rupee opened marginally lower by 5 paise at 65.80 per dollar on Friday versus 65.75 Thursday.

Expect rupee to depreciate today as Asian markets have opened on a weak note which will force local equities to trade low

Dollar at a three-month high against a basket of major currencies and a two-month peak versus the yen following comments from Federal Reserve officials suggesting a growing chance of an interest rate hike next month.