Indian Rupee Retreats Against U.S. Dollar
January 12 2015 - 11:48PM
RTTF2
The Indian rupee retreated from its early highs against the U.S.
dollar in the morning deals on Tuesday.
Against the greenback, the rupee fell to 62.1800 from an early
near 5-week high of 61.9950. At yesterday's close, the rupee was
trading at 62.1600 against the greenback.
If the rupee extends its downtrend, it is likely to find support
around the 63.00 area.
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