| Date: |
10-02-2015 |
| Subject: |
Indian rupee opens flat at 62.15 per dollar |
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The Indian rupee has opened flat at 62.15 per dollar on Tuesday against previous day's closing value of 62.17 a dollar.
The dollar slips somewhat after a payrolls-inspired rally ran out of steam. The dollar index is a tad softer but not far from an 11-year peak scaled last month.
Pramit Brahmbhatt of Veracity said, "We expect rupee to depreciate today as Asian markets have already opened on a weak note which will force local equities to trade low. Also, the gain in dollar may hurt the rupee. The USD-INR is expected to be in a range of 61.70-62.70/dollar."
Source : moneycontrol.com
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