| Date: |
25-06-2014 |
| Subject: |
Indian rupee opens at 60.23 per dollar; down 10 paise |
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The Indian rupee declined in the early trade on Wednesday. It has opened lower by 10 paise at 60.23 per dollar versus 60.13 Tuesday.
The euro is steady against the dollar, meanwhile the dollar index is stuck in a range.
Pramit Brahmbhatt of Veracity said that, "Indian markets are expected to extend their gains taking cues from the better than expected economic data which helped investors regain their confidence, although at higher levels we may see some profit booking."
"Taking cues from positive equities, rupee is expected to gain. Range for the rupee seen between 59.80-60.60/dollar," he added.
Source : moneycontrol.com
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