Currency Alerts

Indian Rupee Trades At 8-1/2-month Low Against U.S. Dollar

The Indian rupee extended its early decline against the U.S. dollar in afternoon deals on Thursday.

Breaching the key 56.00 mark, the rupee touched 56.0125 against the greenback for the first time since September 7, 2012. The rupee may find support around 56.5 level. The pair ended Wednesday's trading at 55.6605.

by RTTNews Staff Writer

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