Jabong Mailer (CPA)

Saturday, 15 November 2014

Nov 14 (Reuters) - The Indian rupee hit its lowest level in nearly a month on Friday afternoon, weighed down by dollar demand from state-run banks and sharp gains in the greenback versus major currencies.

The partially convertible rupee was trading at 61.77/78 per dollar, its lowest level since Oct. 16 and sharply below its close of 61.5450/5600.

The index of the dollar against six major currencies was up 0.25 percent.

Read More  Indian rupee hits one-month low on defence-related dollar demand

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