The Indian rupee opened at 44.88 per dollar versus 44.74 on Friday.
Subramaniam Sharma, Greenback Forex said that, "The rupee is likely to be weak on the back of the sharp fall in the global indices after S&P downgrades US debt ratings. However, the euro's gains and fall in crude prices could limit the weakness. The range for the day is seen between 44.80-45.20/$."
No comments:
Post a Comment