| Date: |
30-12-2014 |
| Subject: |
Indian rupee opens lower at 63.72 per dollar |
|
The Indian rupee opened marginally lower at 63.72 per dollar on Tuesday as against previous day's closing value of 63.67 a dollar.
Ashutosh Raina of HDFC Bank said, "The USD/INR pair has been fairly rangebound consolidating around the 63.50/dollar levels, with year-end demand and global dollar strength coupled with suspected intervention keeping it in a tight range."
The euro remains rooted close to a 28-month trough against the dollar, but did not dip beneath that low. Greek bond yields shot higher after the vote as investors took fright, with the borrowing costs on 10-year bonds rising to 9.7 percent.
Source : moneycontrol.com
|