Rupee is trading at 62.2750 and Nifty is down by 0.6 per cent
India can take a "winning leap" to achieve 9 per cent growth rate
Mumbai: The rupee fell to its weakest level against the dollar in more than nine months tracking a decline in domestic shares, although it rebounded on what traders cited as likely intervention by the Reserve Bank of India.
The rupee was trading at 62.2750/2800 to the dollar at 1:25 p.m., moments after falling to 62.3350, a level last seen on February 20.
Domestic shares are down for a fourth session in five, with the Nifty dropping 0.6 per cent.
( Source : reuters )
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