Dollar-rupee futures strengthened on Friday against US dollar. USDINR September contract moved up 4 paise or 0.07% at 61.17 as against previous close of 61.13.
''The Indian rupee marginally snapped a two-day losing streak on Thursday after a largely volatile trading session during which the local unit closely mirrored the domestic share market ahead of key data points due later in the week,'' said Sushil Finance.
ICICIdirect expect the US dollar to garner buying support on declines against the rupee. ''Utilize declines in the USD/INR September contract to buy. Buy USD/INR September futures in the range of 60.83-60.93 with target 61.15-61.30.''
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