Rupee opens at 53.03-53.04 per dollar

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)

05 January 2012  

Rupee Opens at 53.03-53.04 Per Dollar

 

The Indian rupee opened at 53.03-53.04 to the dollar on Thursday as against previous day's closing value of 52.97.

Ssharad D Pawaar, SPFX INDIA feels that the rupee is expected to weaken marginally as the dollar managed to recover its earlier losses.

According to him, the indecisive global equity market trends may also impact the currency. The range for the day is seen between 53.10-53.25/USD.

Source : moneycontrol.com