The Indian rupee slipped against the U.S. dollar and held steady in evening deals on Friday, after global rating agency Standard & Poor's ruled out any rating upgrade for the country in the next 12-18 months.

The rupee slipped to a 2-day low of 66.27 against the greenback, from an early session's high of 66.05, and traded steadily thereafter. The rupee is likely to find support around the 67.00 mark.

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