Indian Rupee Off 6-day High Against U.S. Dollar
03:48, 26th October 2016
(RTTNews) - The Indian rupee retreated from its early high against the U.S. dollar in evening deals on Wednesday, as regional stocks declined on weak quarterly results from Axis Bank and on weak global cues.
The benchmark BSE Sensex ended down 254.91 points or 0.91 percent at 27,836.51, while the broader Nifty index closed at 8,615.25, down 76.05 points or 0.88 percent from its previous close.
The Indian rupee was trading lower at 66.81 against the greenback, off its early 6-day high of 66.71. The next possible support for the Indian rupee is seen around the 68.00 mark.
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