Indian Rupee Falls To 5-day Low Against U.S. Dollar
June 12 2017 - 3:39AM
RTTF2
The Indian rupee weakened against the U.S. dollar in the evening
deals on Monday, as investors awaited industrial output and
inflation data due out later in the day as well as Wednesday's
Federal Reserve policy meeting for directional cues.
The benchmark BSE Sensex dropped 166.36 points or 0.53 percent
to 31,095.70 while the broader Nifty index fell by 51.85 points or
0.54 percent to 9,616.40.
Against the greenback, the rupee fell to a 5-day low of 64.48
from an early high of 64.35.
If the rupee extends its downtrend, it is likely to find support
around the 65.00 region.
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