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Rupee drops lower at 61.76 to the dollar
INR
83.331 | United States Dollar |
The rupee has been showing slight signs of weakness in the last couple of days and dealers say this could be on account of huge selling by foreign funds in the debt market.
The rupee has been trading in a range and would most likely take cues from next week's Monetary Policy Review.
RBI Officials are likely to meet on Oct 29, and in all probability there could be a further repo rate hike. Check currency rates here
GoodReturns.in
Story first published: Tuesday, October 22, 2013, 9:08 [IST]