The rupee is trading at 61.12/13 against the dollar versus its close of 61.23/24 on Thursday, tracking a continued sell-off in the greenback across all major currencies on worries of the economic impact from the weeks-long U.S. government shutdown. The dollar nursed losses near an eight-month low against a basket of currencies on Friday as traders focused on the economic impact of an acrimonious showdown in Washington that dragged the United States to the brink of a debt default.
Posted on: Fri, 18 Oct 2013 04:47:07 +0000
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