| Date: |
10-04-2015 |
| Subject: |
Indian rupee opens lower at 62.30 per dollar |
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The Indian rupee has opened marginally lower at 62.30 per dollar on Friday against previous day's closing value of 62.24 a dollar.
Pramit Brahmbhatt of Veracity said, "Local equity market is likely to trade sideways today and will take cues from global markets for further directions. The ongoing strength in dollar may force rupee to depreciate."
"At present mixed global sentiments has dented the global equity movement. The rupee range for the day is seen between 62.20-63.00/dollar," he added.
The dollar hovered at three week highs against a basket of major currencies as the hapless euro extended its decline.
Source : moneycontrol.com
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