Indian Rupee Off 6-day High Against U.S. Dollar
October 26 2016 - 3:48AM
RTTF2
The Indian rupee retreated from its early high against the U.S.
dollar in evening deals on Wednesday, as regional stocks declined
on weak quarterly results from Axis Bank and on weak global
cues.
The benchmark BSE Sensex ended down 254.91 points or 0.91
percent at 27,836.51, while the broader Nifty index closed at
8,615.25, down 76.05 points or 0.88 percent from its previous
close.
The Indian rupee was trading lower at 66.81 against the
greenback, off its early 6-day high of 66.71. The next possible
support for the Indian rupee is seen around the 68.00 mark.
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