The Indian rupee slipped in the early trade on Thursday. It has opened lower by 8 paise at 64.66 per dollar versus 64.58 Wednesday. Rupee is rangebound, consolidating after sharp gains in March. The USD-INR trading range for the day is 64.50- 64.80/dollar." The dollar rose, a day after dropping to a 3-week low, but gave up some gains after a report from the Federal Reserve suggested the outlook for the US economy isn't as rosy as it was earlier in the year.
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The Indian rupee slipped in the early trade on Thursday. It has opened lower by 8 paise at 64.66 per dollar versus 64.58 Wednesday. Rupee is rangebound, consolidating after sharp gains in March. The USD-INR trading range for the day is 64.50- 64.80/dollar." The dollar rose, a day after dropping to a 3-week low, but gave up some gains after a report from the Federal Reserve suggested the outlook for the US economy isn't as rosy as it was earlier in the year.
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