With the introduction of rupee appreciation has occurred. 1 Indian rupee against the dollar opened at 63.30 with a gain of 9 money . The rupee had closed at 63.39 on Monday .
The beginning of rupees
The rupee opened at 63.39 per dollar to Rs 63.30 against the dollar .
Crisis is ready Rupee
Bank of America Merrill Lynch, said Greece's crisis has a direct impact on the rupee. While rate hikes by the Federal Reserve will have an impact on the rupee. HDFC Bank to join the emerging economy by the Federal Reserve rate rise might have an effect on the rupee. However, its performance would be better than the other currencies which have more than Rs overvalued. According to HDFC Thailand, Indonesia's currency are worth far more than overvalued.
While it 's inevitable that the foreign exchange reserves at record high due to the Reserve Bank will not be more difficult to handle money . Bank of America estimates that 65 rupees below the level of the Reserve Bank to keep the sale of $ 15 billion could make . According to the expert steps taken by the government to reduce the deficit and inflation stability are better than the odds .
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