The Indian rupee opened weak in the early trade on Friday.
It slipped by 25 paise at 60.32 per dollar versus 60.07 Thursday. The dollar is
on track for its biggest weekly fall in nine-months early, The Nasdaq composite
suffered its worst day since late 2011 with high-flying technology and biotech
shares leading the declines.
In commodities, Brent crude hovers around 107 dollars while
crude oil prices slip slightly, pressured by weaker economic data from china as
well as the prospect of a rebound in oil exports from Libya. From precious
metals space, gold rises 1 percent higher on Thursday near a 2-and-a-half week
high, boosted by follow-through buying, marginally lower in morning trade
.
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