Market Commentary and Intraday News
Indian Rupee At 10-day Low Against U.S. Dollar
321 days ago
(RTTNews) - The Indian rupee extended its weakness against the U.S. dollar in late morning deals on Monday.
The domestic worries coupled with global risk aversion following disappointing U.S. jobs report and data showing falling core machinery orders in Japan had been weighing on the rupee.
The rupee dipped to a 10-day low of 55.965 per dollar and if the rupee slides further, it will break key 56.00 level.
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