For Quick Alerts
For Daily Alerts

Rupee opens stronger at 60.48 to the dollar

 Rupee opens stronger at 60.48 to the dollar
69.505 US Dollar
The Indian rupee opened at 60.48 to the dollar, as against Thursday's close of 60.88 to the dollar. The RBI had announced measures last week to suck more liquidity from the system to help push the rupee higher.

The strength in the rupee was largely on strong Asian cues and higher expected openings in the stock markets.

Dealers say the rupee is likely to trade in a range in the absence of major cues. Economic data due today like the IIP data may have little impact on the rupee.

Meanwhile, Indian stock markets are expected to open higher in line with global cues.

Read more about: dollar rbi
Story first published: Monday, August 12, 2013, 9:07 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'


We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more