Feb 27, 2013, 09.03 AM | Source: Moneycontrol.com
The Indian rupee opened flat at 54.06 per dollar versus Tuesday's close of 54.09.
The euro traded flat at 1.30 versus the dollar after US Fed's assurances that a bond-buying stimulus program will remain in place. The dollar index was firm above 81.80 levels.
Himanshu Arora, Religare said, "The dollar is likely to weaken against the rupee as the market is expecting some reforms in the upcoming budget, which should narrow the country's twin deficits. The FM may also take necessary steps to boost inflows. The range for the day is seen between 53.85-54.30/USD."
Rupee opens flat at 67.90 per dollar
We expect the rupee to trade in a range of 67.85-6
Rupee seen between 67.85-68.10/USD range: NS Venkatesh
Bonds pared early gains to close lower yesterday m
IFC raises Rs 180 cr via rupee-denominated Maharaja bonds
The money will be invested in the country's infras
Rupee down 20 paise; opens at 68.14 per dollar
The USD-INR pair should continue to trade in a 67.
RBI sets rupee reference rate at 67.81 against US dollar
According to an RBI statement, the exchange rates
Rupee declines 21 paise; opens at 67.85 per dollar
On back of this we will see selling in dollar thus