Rupee opens almost flat at 39.285/295 against USD
Mumbai,
Jan
9:
The
Rupee
opened
almost
flat
against
US
Dollar
at
39.285/295
from
its
previous
close
of
39.27/28
per
dollar
though
the
local
equity
market
was
volatile.
The local unit eased slightly today against the greenback, however, strong capital flows are expected ahead on the weak note in US markets, dealers said and added that in the previous sessions, rupee moved towards a decade peak of 39.16 per dollar and suspected RBI intervention blocked the attempt.
UNI
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Story first published: Wednesday, January 9, 2008, 12:55 [IST]