India forex market News
The rupee lost further ground on Friday and finished lower by 8 paise at 64.24 a dollar on sustained month-end demand for the US currency from importers and banks.
The rupee weakened by 4 paise to 64.20 against the US dollar in early trade today on increased month-end demand for the American currency from importers at the Interbank Foreign Exchange.
The traders expect rupee to trade in the range of 65.50-70.00 against the US dollar in the year ahead.
Asian currencies trading mixed versus the dollar.
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