| Date: |
28-04-2014 |
| Subject: |
Indian rupee opens flat at 60.62 per dollar |
|
The Indian rupee opened flat at 60.62 per dollar versus 60.61 Friday.
The dollar got off to a quiet start following a few days of directionless trading with investors unlikely to take aggressive positions ahead of major events out of the united states and euro zone.
Agam Gupta of Standard Chartered said that, "In rupee the downward momentum from Friday could continue but expect real demand from nationalised banks to come in at 60.40/dollar levels."
"Exporters who missed the bus will look to sell on any upticks until levels of 60.80/dollar. The range for the day is seen between 60.40-60.80/dollar," he added.
Source : moneycontrol.com
|