The Indian Rupee opened at Rs 49.07 per dollar versus Rs 49.28 Friday.
On Friday, the spot rupee ended flat at Rs 49.27 per USD as against its previous close of Rs 49.26 per USD.
According to Subramaniam Sharma, Greenback Forex, the rupee is likely to be strong in early trade. FII inflows may also support gains. The range for the day is seen between Rs 48.80-49.30 per dollar.
Monday, May 11, 2009
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