| Date: |
21-10-2014 |
| Subject: |
Indian rupee opens higher at 61.30 per dollar |
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The Indian rupee opened marginally higher at 61.30 per dollar against previous close of 61.36.
Major currencies traded in tight ranges with investors facing a vacuum of data and modest price changes in global markets.
Ashutosh Raina of HDFC Bank said, "The markets seem to be taking a breather after the volatile and turbulent last week. The Rupee continues to trade in a broad 60-62/dollar range. Expect the rupee to appreciate from current levels and trade in 60.50-61.50/dollar range."
Source : moneycontrol.com
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