The Indian rupee started on Friday, 4 October 2013 low yesterday against registered strong gains . The domestic currency opened lower by 15 paise at Rs 61.89 against the U.S. dollar and slipped to a low of 61.94 before edges back to a high of 61.34 so far during the day. In the cash market, the Indian unit was last seen trading at 61.51, stronger by 23 paise or 0.37% compared to previous close at 61.74.
Rupee logged its biggest gain in two weeks on Thursday, aided by foreign fund inflows and betting that a longer standstill the U.S. government would further delay any massive rejuvenation of the Federal Reserve stimulus.
Read More Detail - Indian Rupee Erases Early Slide
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