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The rupee weakened in early trade today tracking the Non Deliverable Forward (NDF) market.


The rupee weakened in early trade today tracking the Non Deliverable Forward (NDF) market.<br />
<br />
At 9:45am, the rupee was trading at Rs 61.80 compared with previous close of Rs 61.50 per dollar.<br />
<br />
The one-month NDF was quoting at Rs 62.40.<br />
<br />
According to Sandeep Gonsalves, forex dealer and consultant at Mecklai &amp; Mecklai, for the rest of the day the rupee may trade between Rs 61.70 to Rs 61.95 per dollar.

Rupee weakens in early trade tracking NDF market

The one-month NDF was quoting at Rs 62.40

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