 "Rupee weakens in early trade tracking NDF market")
The rupee weakened in early trade today tracking the Non Deliverable Forward (NDF) market.
At 9:45am, the rupee was trading at Rs 61.80 compared with previous close of Rs 61.50 per dollar.
The one-month NDF was quoting at Rs 62.40.
According to Sandeep Gonsalves, forex dealer and consultant at Mecklai & Mecklai, for the rest of the day the rupee may trade between Rs 61.70 to Rs 61.95 per dollar.
At 9:45am, the rupee was trading at Rs 61.80 compared with previous close of Rs 61.50 per dollar.
The one-month NDF was quoting at Rs 62.40.
According to Sandeep Gonsalves, forex dealer and consultant at Mecklai & Mecklai, for the rest of the day the rupee may trade between Rs 61.70 to Rs 61.95 per dollar.
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