| Date: |
08-10-2014 |
| Subject: |
Indian rupee opens flat at 61.46 per dollar |
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The Indian rupee opened flat at 61.46 per dollar on Wednesday as against previous day's closing value of 61.43 a dollar.
Dollar bulls are being forced to temper their enthusiasm post weak German data and IMF cutting its global growth forecast - dollar index eases to 85.664 off its 4-year highs.
NS Venkatesh of IDBI Bank says, "Rupee will continue to take the cues from the equity market flows. Rupee is expected to trade in the range of 61.4-61.6/dollar."
Source : moneycontrol.com
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