Indian Rupee Falls To 4-day Low Against U.S. Dollar
April 06 2015 - 7:20AM
RTTF2
The Indian rupee erased early gains and declined against the
U.S. dollar in evening deals on Monday.
The Reserve Bank of India is expected to maintain its key rates
at annual monetary policy review on Tuesday. The repo rate now
stands at 7.5 percent.
The rupee declined to a 4-day low of 62.235 against the
greenback, off early high of 61.95. The rupee is likely to find
support around the 63.00 mark.
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