| Date: |
09-04-2015 |
| Subject: |
Indian rupee opens higher at 62.16 per dollar |
|
The Indian rupee has opened marginally higher at 62.16 per dollar on Thursday against 62.24 Wednesday.
Mohan Shenoi of Kotak Mahindra Bank said, "Upgrade of India's credit outlook by Moody's from stable to positive is likely to be positive for Indian equities, rupee and bonds."
According to him, the USD-INR is expected to trade in a range of 62.05-62.45/dollar.
The dollar rose on after the release of the Federal Reserve's FOMC meeting minutes. The euro is at session lows.
Source : moneycontrol.com
|