The Indian rupee opened down marginally at 61.14 per dollar as compared to Friday's close of 61.07.
Agam Gupta, Standard Chartered said, "Inflation numbers - both WPI and CPI - to be released today will be closely watched, as will the status of the US govt shutdown and progress on lifting their debt ceiling." "We expect the WPI to be close to 6 percent and any significant deviation will impact the currency moves today. Expect the rupee to trade in the range of 60.75-61.35/USD," he added. Also Read - Dollar to remain weak against EM currencies: StanChart The dollar trades subdued as investors shift to safe haven currencies like the yen and the Swiss Franc. Yen has strengthened to above 98 levels.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
