| Date: |
27-05-2015 |
| Subject: |
Indian rupee breaches 64/$ in opening trade |
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The Indian rupee has breached 64 level in opening trade on Tuesday, down 7 paise to 64.05 a dollar from 63.98 percent in previous session.
NS Venkatesh, IDBI Bank said the rupee saw a mild weakening in yesterday's trade. "Overnight macro economic data in the US markets dampened the sentiment which could have a rub-off effect on our own market and consequently the currency markets," he added.
He expects the USD-INR pair to trade in the range of Rs 63.90-64.10/USD.
Source : moneycontrol.com
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