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 at 68.38 per dollar; down 9 paise
We expect the rupee to head towards 68.50/dollar l
Expect rupee to head towards 68.50/USD level: Pramit Brahmbhatt
For the day, we will see Rupee trading in a range
Rupee ends at fresh 29-month low of 68.30, down 45 paise
The rupee had slumped to its all-time closing low
Rupee cracks 68-mark in late morning deals, down 18 paise vs USD
The Indian unit resumed lower by 10 paise at 67.95
Rupee down 10 paise; opens at 67.95 per dollar
We expect the USD-INR to trade in a range of 67.75
Rupee opens flat at 67.90 per dollar
We expect the rupee to trade in a range of 67.85-6