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Indian Unit Loses Ground vs. Greenback

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Indian Unit Loses Ground vs. Greenback

March 20
14:24 2015

curncy 2New Delhi, Friday, March 20 – The official currency of the nation logged the drop of 5 paise to hit at 62.57 level in opposition to the Greenback during the deal observed in the Friday’s early hours over new demand for the dollar from several importers.

If words of forex traders are to be trusted then a down start in local stock markets kept the stress on the Indian rupee, which registered an amelioration of 17 paise to close at 62.52 versus the American currency a day ago. In the interim, the 30-share gauge lost its footing by 136.92 points to finish at 28,332.75 at the same time.

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