The Indian rupee appreciated further on Wednesday, hitting more than four-month high. The currency has opened at 66.36 a dollar, up 16 paise compared with previous day's closing value of 66.52 a dollar. The upside in currency was largely on account of weaker dollar after likely delay in Fed rate hike. NS Venkatesh of Lakshmi Vilas Bank says today, the rupee will take cues from the US non-ISM non-manufacturing data as well as the equity market. The USD-INR pair is expected to trade within a narrow range of 66.43-66.60 a dollar, he feels.
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