Rupee opens at 60.46 to the dollar

rupee
The rupee was trading absolutely flat at 60.46 to the dollar in early trade, as against its previous close of 60.44.

The rupee has rallied whole of last week on a surge in capital flows from foreign funds. Dealers say that the rupee is likely to remain steady at the current levels, as the RBI may mop-up dollars to prevent a further rally.

The benign current account deficit, failed to see a sharp drop in the rupee. Check currency rates here

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