| Date: |
03-03-2015 |
| Subject: |
Indian rupee opens flat at 61.89 per dollar |
|
The Indian rupee opened flat at 61.89 per dollar on Tuesday versus 61.87 Monday.
The dollar edges higher against a basket of major currencies, touching an 11-year high despite soft economic data. Euro slips to 1.11 levels.
Ashutosh Raina of HDFC Bank said, "The dollar index is trading near a 11-year high and the markets will be keenly awaiting the US jobs report this week. Despite the strength seen in the dollar, the USD-INR has settled below 62/dollar and should continue trading in the 61.50-62.50/dollar range."
Source : moneycontrol.com
|