Today, "USD/INR pair is expected to quote in the range of 69.05 and 69.80," says Gaurang Somaiya, Research Analyst (Currency) at Motilal Oswal Financial Services (MOFSL).
On the global front, Asian shares were flat and U.S. Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger U.S. economic data helped offset some concerns about global growth, Reuters reported.
In the currency market, the dollar was up less than 0.1 per cent against the yen at 111.73. The dollar index was down 0.1 per cent at 97.047, said a Reuters report.
Oil prices were firm, supported by ongoing supply cuts led by producer club OPEC and by US sanctions on petroleum exporters Iran and Venezuela.