The euro rose to 1.31 to the dollar, while the dollar index slipped towards the 82 mark.
Rajeev Mahrotri, IndusInd Bank said that, "The rupee is likely to be rangebound and may take support at 54.35-54.40/dollar. The upward trend for the dollar is likely to continue with continuous dollar demand from OMCs and defense spending as we get into the next fiscal. The range for the day is seen between 54.35-54.80/dollar.
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Rupee opens flat at 54.51 per dollar
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Rupee opens flat at 54.51 per dollar
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