Rupee opens weak at 60.78 versus dollar

Mumbai: The rupee opened weak at 60.78 per dollar on Thursday while it opened at 60.78 per dollar versus 60.40 on Wednesday.

Mohan Shenoi, Kotak Mahindra Bank said, "Expectations of a liberalized FDI policy, PSUs raising funds in overseas markets, rise in import duty of luxury items and export promotion measures will have a soothing impact on the rupee. The range for the day is seen between 60.20-60.80 per dollar."

The euro holds above 1.32 to the dollar. The dollar index was around 81.60 levels. The dollar yen was at 98.