The Indian rupee got off to a poor open on Monday, 20 April 2015 following poorer regional peers and Stocks, despite a slow performance of the US dollar abroad. Rupee commenced at Rs 62.55 versus the greenback. The partially convertible rupee closed on Friday at 62.36/dollar versus its prior end of 62.30, declining for the 1th time in 3 days against the U.S. dollar as Local Stocks fallen to their lowest in almost 2 weeks, raising worries over foreign fund outflows.
Indian Rupee Index: Indian rupee got off to a weak start on Monday
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