Sep 21, 2012, 08.41 AM IST

Expects rupee to open flat around 54.35/USD: Thanawala

The rupee is expected to open flat around 54.35/USD. The recovery in euro from yesterday's low is positive for the rupee, says Manis Thanawala, Greenback Forex Services.

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Manis Thanawala, Greenback Forex Services said, "The rupee is expected to open flat around 54.35/USD. The recovery in euro from yesterday's low is positive for the rupee. Importer demand ahead of month end should support the currency. The range for the day is seen between 54.10-54.60/USD."
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