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Indian rupee opens flat at 58.58 per dollar.


Date: 20-05-2014
Subject: Indian rupee opens flat at 58.58 per dollar
​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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