WEEKLY CURRENCY REPORT: INDIAN RUPEE SLUMPS 0.82% AGAINST US DOLLAR

On a weekly basis, Rupee depreciated 60 paise at 73.11 against the US dollar. USD/INR touched low at 72.76 and high at 73.60. The Currency remained shut on Monday, on account of Holi. The Indian rupee weakened to its lowest level on Tuesday tracking strength in the U.S. dollar. Finally ended at 73.38 against the American currency, registering a fall of 87 paise over its previous closing. The rupee closed higher by 27 paise at 73.11 against the US dollar on Wednesday. The Indian currency markets closed on Thursday and Friday for annual bank closing and Good Friday holiday respectively.