According to Mohan Shenoi of Kotak Mahindra Bank the range for the day is seen between 60-60.50/USD.
Mumbai: Rupee opened higher at 60.09 per dollar on Thursday, up 12 paise compared to previous day's closing value of 60.21.
Mohan Shenoi of Kotak Mahindra Bank feels geopolitical risks are keeping oil prices high, which is negative for the rupee.
FIIs continue to be net sellers in the debt segment, he adds. According to him, the range for the day is seen between 60-60.50/USD.
The euro was steady above 1.30 ahead of the ECB policy decision today. The dollar index was above the 83 mark.
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