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Indian rupee opens at 61.35 per dollar, slips 21 paise.


Date: 29-09-2014
Subject: Indian rupee opens at 61.35 per dollar, slips 21 paise
​The Indian rupee opened weak by 21 paise at 61.35 per dollar versus 61.14 Friday.

The dollar hit a four-year peak against a basket of currencies in early trade.

Agam Gupta of Standard Chartered said, "Expect the local government owned banks to be sellers of dollars on upticks towards 61.60/dollar and some importer hedging to come if there are dips towards 61.20/dollar. Range for the day is seen between 61.20-61.60/dollar," he added.

Source : moneycontrol.com

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