Rupee recovers from 7-month low

Traders pare positions ahead of holidays

Reuters Mumbai
Last Updated : Oct 01 2014 | 1:32 PM IST
The rupee recovered after opening at 61.95 per dollar, its lowest since March 4. The Indian unit is now trading at 61.7150/72 vs the previous close of 61.7450/61.7550.
 
Traders pared positions ahead of holidays; markets will be closed from Thursday to Monday.
 
Most Asian currencies are in the red on concerns about Hong Kong protests.
 

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The dollar continues to trade at four-year highs.
 
The Nifty is down 0.24% in line with Asian shares. 
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First Published: Oct 01 2014 | 12:55 PM IST

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