| Date: |
13-04-2015 |
| Subject: |
Indian rupee opens flat at 62.33 per dollar |
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The Indian rupee opened flat at 62.33 per dollar on Monday against 62.31 Friday.
Agam Gupta of Standard Chartered said, "Expect local government-owned banks to buy USD in any dip to 62.10-62.15/dollar. We also expect the USD sellers to take advantage of any upticks to 62.45-62.50/dollar. The USD selling interest will come from exporters and capital inflows."
"The CPI data after market hours will be closely watched as it will be the first significant data point after the Reserve Bank of India (RBI) monetary policy last week," he added.
Source : moneycontrol.com
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