| Date: |
04-09-2015 |
| Subject: |
Rupee rises 9 paise; opens at 66.15 per dollar |
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The Indian rupee gained 9 paise in the early trade on Friday. It has opened at 66.15 per dollar against 66.24 a dollar in previous session.
NS Venkatesh of IDBI Bank said, "Rupee ended marginally weaker yesterday breaking a 2-day gain. The market today will take cues based on equity market movement as well as expectations from the non-farm payroll data."
"European Central Bank's (ECB) action of continuing Quantitative easing (QE) beyond September 2016 has also strengthened the dollar. The range today is seen between 66.15-66.45/dollar," he added.
The euro fell more than 1 percent against the dollar after the ECB cut economic growth targets and left interest rates unchanged. The dollar index rose above the 96 mark.
Source : moneycontrol.com
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