| Date: |
21-11-2014 |
| Subject: |
Indian rupee opens higher at 61.84/dollar |
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The Indian rupee has opened at 61.84 a dollar on Thursday, up 10 paise compared to previous day's closing value of 61.94 a dollar.
Pramit Brahmbhatt, Veracity says investors are likely to trade cautiously as markets are already near all-time highs. Asian markets have also started the day on a weak note, he adds.
According to him, the rupee is expected to trade rangebound to slightly weak taking cues from the dollar. "We see the Rupee ranged between Rs 61.60-62.40/USD," says Brahmbhatt.
Source : moneycontrol.com
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