Indian Rupee Falls To 5-day Low Against U.S. Dollar
May 12 2015 - 1:29AM
RTTF2
The Indian rupee weakened against the U.S. dollar in the morning
deals on Tuesday.
Against the greenback, the rupee fell to a 5-day low of 64.2550.
At yesterday's close, the rupee was trading at 63.9490 against the
greenback.
If the rupee extends its downtrend, it is likely to find support
around the 65.00 area.
Traders await the nation's CPI data for April and industrial
production data for March, due later in the day.
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