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Indian rupee opens flat at 60.30 per dollar |
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The Indian rupee opened flat at 60.30 per dollar on Monday as against Thursday's closing value of 60.29 a dollar.
Agam Gupta of Standard Chartered says US yields and dollar are marginally stronger but at the same time global equities are a touch higher too. He expects domestic flows to drive the trading today.
According to Gupta, the range for the day seen between 60.15-60.45 /dollar.
The yen fell to a three-week low against the dollar in early trade after data showed Japan logging a record trade deficit in the fiscal year that ended in march.
The euro was steady at USD 1.3813, though still well shy of a 3-1/2-week peak of USD 1.3906.
Source : moneycontrol.com
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