Business Standard

Rupee opens up on capital inflow hopes

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Reuters Mumbai

The rupee opened stronger on Tuesday as improved risk appetite across Asian equities fuelled expectations for capital inflows, but demand for dollars from oil importers will be a key factor later in the day.

At 9:01 am, the rupee was at 49.60/61 to the dollar, stronger than Monday's close of 49.79/80.

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First Published: Jan 31 2012 | 12:00 AM IST

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