| Date: |
28-10-2014 |
| Subject: |
Indian rupee opens flat at 61.33 per dollar |
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The Indian rupee opened flat at 61.33 per dollar versus 61.31 Monday.
The US dollar nurses modest losses, on expectations of more dovish comments from the Federal Reserve.
Agam Gupta of Standard Chartered said, "We do not expect rupee to dip below Rs 61.20/dollar due to demand from nationalised banks at that level."
"The range for the day could be Rs 61.20-61.45/dollar. We expect exporters to sell above Rs 61.40/dollar," he added.
Source : moneycontrol.com
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