- Indian rupee retraces losses against US dollar, outlook for next week 61.00/61.50Gold futures prices fall as rupee strengthensIndian rupee gains tracking shares against US dollar to 61.85Equity market outlook: Nifty Jan Fut can test 6455 and 6520 levels, Ranbaxy Laboratories, SSLT stocks to watch
yesterday. Far-forward contracts maturing in November slipped to 468 to 469-1/2 paise from 469-471 paise.
The RBI fixed the reference rate for the dollar at 62.0595 and for the euro at 85.2748.
The rupee dropped further to 102.15 against the pound from 101.81 previously and dipped to 85.53 against the euro from 85.12.
It rose to 59.01 per 100 Japanese yen from 59.34.