Sunday, 17 November 2013

Indian Rupee Opens Higher At 62.85/Dollar, Up 26 Paise

Indian rupee breached the 63-mark in early trade on Monday to open at 62.85 per dollar, up 26 paise from Thursday's closing of 63.11 per dollar.


Agam Gupta of Standard Chartered feels dollar-rupee should open lower at 62.90-62.95/USD.


"There has been some dollar weakness since India market close on Thursday. This will cause the sentiment to be slightly rupee positive," he adds. According to him, the range for the day is seen between 62.75-63.25/USD.





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