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An employee arranges Indian currency notes at cash counter inside a bank in Agartala
Expert View: Rupee outlook on Tuesday
Market Recap: May USDINR closed at 55.21, down 18 paise. June USDINR closed at 55.46, down 24 paise. Spot USDINR closed at 55.18 from 55.37 and traded the range of 55.01-55.36. USDINR opened weaker 55.24, tracking a weaker US dollar against the euro. Firm trend in domestic equity market also weighed on the pair. The slide below 55 level was capped by dollar purchases from oil companies and month end
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