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.

EDITORIAL OF THE DAY

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    Hoarding cash in huge amounts should perhaps be made a punishable offence in India.

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