Rupee recovers from 7-month low
Traders pare positions ahead of holidays
Reuters Mumbai 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.
The dollar continues to trade at four-year highs.
The Nifty is down 0.24% in line with Asian shares.