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Rupee opens at 64.80 per dollar; gains 32 paise.


Date: 23-10-2015
Subject: Rupee opens at 64.80 per dollar; gains 32 paise
​The Indian rupee gained in the early trade on Friday. It has opened higher by 32 paise at 64.80 per dollar versus 65.12 Wednesday.

Pramit Brahmbhatt of Veracity said, "Looking at positive global cues, we expect the rupee to appreciate though the strength in dollar may put some pressure. We see the range for today between 64.75-65.60/dollar."

The euro tumbled yesterday after European Central Bank President Mario Draghi said the bank discussed a further interest rate cut and raised the possibility of further easing measures to counter weak inflation in the euro zone.

Source : moneycontrol.com

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