| Date: |
13-05-2013 |
| Subject: |
Indian Rupee opens lower at 54.85 /dollar |
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The Indian rupee opened lower at 54.85 per dollar versus 54.80 on Friday.
Agam Gupta, Standard Chartered Bank said, "The rupee is likely to open weak on continuous dollar strengthening.
There could be further pressure if trade data exceeds expectations on the higher side.
The range for the day is seen between 54.60-55/USD."
Source : moneycontrol.com
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