| Date: |
21-01-2015 |
| Subject: |
Indian rupee opens flat at 61.68 per dollar |
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The Indian rupee opened flat at 61.68 per dollar on Wednesday versus 61.69 Tuesday.
Pramit Brahmbhatt of Veracity said, "Indian local markets are expected to extend their gain today, though at higher levels we may see some profit booking as yesterday local equities posted new milestones and closed all time high for the day."
"Taking cues from positive equities, flows are expected to remain strong. Strength in dollar may keep rupee under pressure. USD-INR is expected to trade in the range of 61.20-62.20 today," he added.
The yen nurses broad losses as investors sold the Japanese currency in a precautionary move against any further policy easing by the Bank Of Japan.
Source : moneycontrol.com
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