RUPEE OPENS DOWN ON GLOBAL ECONOMY WORRIES
Date: 09/04/2012
The Indian rupee fell early on Monday as risk
aversion took a front seat after sluggish U.S. jobs data last week reignited
worries about the health of global economy.
(0333 GMT), the rupee was at 51.37 to the dollar, weaker than Wednesday's close of 51.055/065. The market was shut on Thursday and Friday for local holidays.
U.S. payrolls rose far less than expected in March, even as the unemployment rate fell to a three-year low of 8.2 percent. Employers added 120,000 jobs last month, the smallest increase since October.
(0333 GMT), the rupee was at 51.37 to the dollar, weaker than Wednesday's close of 51.055/065. The market was shut on Thursday and Friday for local holidays.
U.S. payrolls rose far less than expected in March, even as the unemployment rate fell to a three-year low of 8.2 percent. Employers added 120,000 jobs last month, the smallest increase since October.
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