For Quick Alerts
For Daily Alerts

Rupee trades at 61.53 to the dollar

Rupee trades at 61.53 to the dollar
The rupee opened marginally lower against the dollar and was last seen trading at 61.53 to the dollar, a drop of 7 paise over Thursday's close.

The rupee has been trading in a range for the last few trading sessions and dealers say the currency is likely to trade in a tight range in the absence of any major cues.

The Federal Open Market Committee meet is likely to continue to keep tapering on hold, thus not providing much direction for the rupee.

The currency is expected to take cues from the Monetary Policy, unless some decisions like a repo rate cut are put on hold.

Read more about: dollar currency
Story first published: Friday, October 25, 2013, 9:06 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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