Rupee opens 2 paise higher at 82.44 against US dollar


Source: livemint.com livemint.com

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The Indian rupee opened flat to positive against the US dollar on Monday amid weakness in Asian currencies. The local unit opened at 82.44 a dollar, 2 paise higher as compared to Friday’s close of 82.46. Asian currencies were down 0.2% to 0.4% and the dollar index inched higher at 103.58. Shorter maturity US yields rose - the 2-year was at its highest in two weeks - supporting the dollar, Reuters reported. On Friday, the rupee ended 10 paise higher at 82.46 against US dollar. Traders will keep an eye on the US inflation data due Tuesday, just a day...