Nov 22, 2013, 09.11 AM IST
NS Venkatesh of IDBI Bank feels today currency markets will take cues from equity markets moves. "Better-than-expected US jobs data is positive for the dollar and could put a mild weakening bias to rupee," he adds.
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Indian rupee opens higher at 62.89 per dollar
NS Venkatesh of IDBI Bank feels today currency markets will take cues from equity markets moves. "Better-than-expected US jobs data is positive for the dollar and could put a mild weakening bias to rupee," he adds.
Like this story, share it with millions of investors on M3
Indian rupee opens higher at 62.89 per dollar
NS Venkatesh of IDBI Bank feels today currency markets will take cues from equity markets moves. "Better-than-expected US jobs data is positive for the dollar and could put a mild weakening bias to rupee," he adds.
NS Venkatesh of IDBI Bank feels today currency markets will take cues from equity markets moves. "Better-than-expected US jobs data is positive for the dollar and could put a mild weakening bias to rupee," he adds.
According to Venkatesh, the range for the day is seen between 62.5-62.95/USD.
The yen falls to a fresh four-year low against the euro early in Asian trade, left exposed after promising data in both Germany and the United States underpinned the single currency and the US dollar.
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