Rupee opens weak at 61.53 to the dollar

Business

oi-Sunil

By Sunil Fernandes

Published: Thursday, October 16, 2014, 9:03 [IST]

The rupee opened the day weak as global stock markets fell sharply following worries over economic growth around the globe.

The currency was trading at 61.53 in opening trade, down 12 paise compared to its previous close. The rupee is likely to come under pressure, though a few positives, especially falling crude prices may lend support.

Global stock markets have taken a turn for the worse over deteriorating economic growth concerns and spread of the Ebola Virus across the globe. Check rupee rates here

GoodReturns.in