Indian Rupee Drops To 2-week Low Against U.S. Dollar
May 27 2015 - 12:59AM
RTTF2
The Indian rupee weakened against the U.S. dollar in the morning
deals on Wednesday amid weak equities.
Meanwhile, the benchmark S&P Sensex is currently down to
20.75 points or 0.08 percent at 27,510. The broader CNX Nifty Index
is also down to 16.70 points or 0.20 percent at 8,322.
Against the greenback, the rupee fell to a 2-week low of
64.1650. At yesterday's close, the rupee was trading at 63.9710
against the greenback.
If the rupee extends its downtrend, it is likely to find support
around the 65.00 area.
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