Rupee stays at three-month low; US jobs data key

Tags: News
The rupee falls to 60.80 versus the dollar, its lowest since April 25. The pair was last trading at 60.7750/78 compared with its Thursday close of 60.55/56.

In July, the dollar index rose to a 10-1/2 month peak.

U.S. monthly jobs data later in day will be key for USD/INR's direction.

The Nifty is down 0.6 percent tracking lower Asian shares.


  • India’s economic recovery has to be consumption, and not investment, led

    It is well accepted that falling global commodity prices, especially oil, have helped the Indian economy regain lustre in the past year or so.


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