Rupee opens steady; Greece watched

Published on Thu, Feb 09, 2012 at 09:12 |  Source : Reuters

Updated at Thu, Feb 09, 2012 at 11:34  

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Rupee opens steady; Greece watched

MUMBAI (Reuters) - The rupee opened flat on Thursday, with investors cautious on whether the latest meeting of Greek political leaders will finally result in reforms to help the country avoid a messy default.

* At 9 a.m. (0330 GMT), the rupee was at 49.15 to the dollar, compared with 49.15/16 on Wednesday.

* The euro dipped in early Asian trade after Greek political parties concluded marathon negotiations with the issue of pension cuts left unresolved, though hopes that a deal will soon be reached limited the damage.

(Reporting by Archana Narayanan; Editing by Ranjit Gangadharan)

  

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