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Indian rupee weaker at 63.72 vs dollar in early trade

Indian rupee weaker at 63.72 vs dollar in early trade

MUMBAI: The Indian rupee started slightly weaker at 63.72 per dollar on Tuesday as against last day’s ending value of 63.67 a dollar. Ashutosh Raina of HDFC Bank said, “The USD/INR pair has been fairly rangebound consolidating around the 63.50/dollar levels, with year-end demand and global dollar strength coupled with suspected intervention keeping it in a tight range.”