Indian rupee slips under 62 vs US dollar, posts biggest weekly loss in five

Dec 13 2013, 18:47 IST
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Indian rupee slipped against the US dollar as RBI interest rate hike fears led stocks lower. Indian rupee slipped against the US dollar as RBI interest rate hike fears led stocks lower.
SummaryIndian rupee slipped against the US dollar as RBI interest rate hike fears led stocks lower.

at 62.1266 and for the euro at 85.4135.

The rupee bounced back to 101.14 against the pound from the overnight close of 101.38 and recouped to 59.92 per 100 Japanese yen from 60.15. It, however, moved down to 85.31 per euro from 85.14.

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