Indian rupee was unchanged at 61.90 per dollar in opening trade on Thursday as compared previous day's closing value.
Ashutosh Raina of HDFC Bank believes the rupee is moving sideways and is expected to continue this trajectory for some more time, till more data cues come in.
He expects rupee to trade in the range of 61.50-62.50/dollar for some more time.
After being the best performing currency of 2013, the euro trades flat this morning at 1.37/dollar, while the dollar index holds above 80 levels and the yen is elevated at 105/dollar.
Ashutosh Raina of HDFC Bank believes the rupee is moving sideways and is expected to continue this trajectory for some more time, till more data cues come in.
He expects rupee to trade in the range of 61.50-62.50/dollar for some more time.
After being the best performing currency of 2013, the euro trades flat this morning at 1.37/dollar, while the dollar index holds above 80 levels and the yen is elevated at 105/dollar.
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