Thursday 23 May 2013

Indian Rupee Opens Flat At 55.61 Per Dollar

The Indian rupee opened flat at 55.61 per dollar versus Thursday's close of 55.59.



Himanshu Arora, Religare said, "The dollar lost heavily against a basket of currencies with investors opting for safe haven currencies like the yen. Better than expected US economic data could add to the pressure. Profit-booking at higher levels may also weigh on the dollar versus the rupee. The range for the rupee is seen between 55.37-55.61/USD."



The euro rose to 1.28 to the dollar. The dollar index was slightly below the 84 mark.


Source:-www.moneycontrol.com





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