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Rupee down 8 paise in early trade at 61.52

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The rupee was down 8 paise in early trade at 61.52, against its Friday's close of 61.44. Equity sentiments across the globe were a little weak, over worries of the debt ceiling and the partial US government shutdown, which pushed the rupee marginally lower.

The rupee is expected to remain volatile this weak as talks and comments over the debt ceiling emerge.

The major triggers later this month would be the US Fed meeting and India's own monetary policy, which should provide some direction to the rupee. Check rupee rates here

GoodReturns.in

Read more about: dollar monetary policy
Story first published: Monday, October 7, 2013, 9:12 [IST]
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