| Date: |
20-05-2014 |
| Subject: |
Indian rupee opens flat at 58.58 per dollar |
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Indian rupee has opened flat at 58.58 per dollar on Tuesday as against previous day's closing value of 58.59 a dollar.
Ashutosh Raina, HDFC Bank says USD-INR currency pair has settled in 58-59/USD range with aggressive Central Bank intervention at lower levels.
He expects the trend to continue with more FII/FDI flows expected to pour in.
Source : moneycontrol.com
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