| Date: |
14-03-2013 |
| Subject: |
Indian Rupee Falls To 3-day Low Against U.S. Dollar |
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The Indian rupee declined against U.S. dollar in early deals on Thursday ahead of WPI inflation data due today.
The WPI data is closely watched for direction on whether or not the RBI will cut policy rates at its upcoming monetary policy review on 19th.
The rupee that closed Wednesday's deals at 54.3055 against the greenback declined to a 3-day low of 54.4655. On the downside, the rupee may break 55.00 level.
Source : rttnews.com
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