Aug 08, 2013, 09.06 AM IST | Source: Moneycontrol.com

Rupee opens at 61.20 per dollar

The Indian rupee opened at 61.20 per dollar versus 61.29 yesterday. "Dollar demand in the offshore market is exerting pressure on the rupee. Weak equities and high dollar demand from domestic importers will further hurt the rupee further," he adds.

The Indian rupee opened at 61.20 per dollar versus 61.29 yesterday. The euro stayed above 1.33 to the dollar. The dollar index was around 81.30 levels.

Mohan Shenoi, Kotak Mahindra Bank said, "Dollar demand in the offshore market is exerting pressure on the rupee. Weak equities and high dollar demand from domestic importers will further hurt the rupee further. The range for the day is seen between 60.80-61.50/USD."

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