| Date: |
07-11-2014 |
| Subject: |
Indian rupee slips 11 paise to 61.52/dollar in early trade |
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The Indian rupee fell 11 paise in early trade. The currency opened at 61.52 a dollar on Friday compared to Wednesday's closing value of 61.41 per dollar. The market was shut on Thursday for public holiday.
Pramit Brahmbhatt, Veracity expects the rupee to trade weak as overnight dollar is trading strong ahead of payrolls data due for the day. "Strength in dollar will keep rupee under pressure. The range for today is seen between 61-62/USD," he adds.
Source : moneycontrol.com
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