| Date: |
05-11-2014 |
| Subject: |
Indian rupee opens lower at 61.35 per dollar |
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The Indian rupee opened marginally lower at 61.35 per dollar on Wednesday against 61.40 on Monday.
The currency market was shut on Tuesday on account of Muharram.
The dollar nursed modest losses as investors decided to take some profits on a four-session rally that swept the greenback to multi-year highs against the yen and euro.
Himanshu Arora of Religare said, "USD-INR pair is expected to trade slightly higher today amid strength in dollar against basket of currencies and a fear of increasing risk in the market. Range for the rupee is seen between Rs 61.24-61.65/dollar."
Source : moneycontrol.com
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