In the near-term, the trend in the US dollar, oil price and ensuing general elections will determine the direction for the local unit. Meanwhile, the dollar index was trading down by 0.26 per cent at 96.15 against a basket of six currencies in the late afternoon trade.
from Top Business News- News18.com http://bit.ly/2EYSGl4
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Rupee's Tumultuous Year Ends With 9 Percent Annual Loss at 69.77 a Dollar
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