| Date: |
19-06-2013 |
| Subject: |
Indian rupee opens down, but recovers later |
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Mumbai: The Indian rupee on Wednesday opened at 58.83 per dollar, down 0.09% from its previous close of 58.77, but the domestic currency recovered soon.
At 9.11am, the rupee was trading at 58.67 per dollar, up 0.2%. while India’s equity benchmark Sensex was trading at 19,284.04 points, up 0.03%.
US Federal Reserve chairman Ben Bernanke will address the press on Wednesday after the two-day Fed meeting ends. Dealers will be watching it closely to pick up hints on when Bernanke will withdraw the Fed’s multi-billion dollar stimulus.
Source : livemint.com
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