Rupee falls as dollar gains post US payrolls data

Dollar trading at over 5-year high against basket of major currencies

Reuters
Last Updated : Dec 08 2014 | 10:11 AM IST

The rupee is trading weaker at 61.93/94 vs Friday's 61.77/78 close.

Most Asian currencies are weaker vs the dollar.

Index of the dollar against six majors is up 0.04%. Dollar is trading at over 5-year high against basket of majors after robust payrolls data.

Foreign institutional investors have bought debt worth $1.2 billion so far in December.

The Indian unit is seen in 61.80 to 62.20 range during day, say traders.

 

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First Published: Dec 08 2014 | 9:57 AM IST

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