Indian Rupees Open 8 Paise Down
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The Indian rupee fell further in early trade Friday. The currency has opened at 66.89 per dollar, down 8 paise compared with 66.81 a dollar in previous session, the US dollar continues to gain against most of its peers with the Dollar Index settling above 98 level.
The USD/INR currency pair also came off from recent highs, in-line with other peer currencies. He expects the pair to trade around Rs 67/USD handle with FCNR redemptions also expected to keep the pair under pressure.
The Indian rupee fell further in early trade Friday. The currency has opened at 66.89 per dollar, down 8 paise compared with 66.81 a dollar in previous session, the US dollar continues to gain against most of its peers with the Dollar Index settling above 98 level. 
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