The Indian rupee opened higher by 6 paise at 63.54 per dollar on Thursday versus 63.60 Wednesday.
Mohan Shenoi of Kotak Mahindra Bank said, "Developments in China and Greece and its impact on commodities and stocks has resulted in risk-off scenario globally. In this turmoil USD-INR has remained resilient due to strong India macro and Reserve Bank of India (RBI) actions."
He further added, "The USD-INR pair is expected to trade today in a range of 63.50-63.80/dollar."
Source:moneycontrol.com
No comments:
Post a Comment