Rupee slips 1 paisa to 82.41 against US dollar in early trade
RBI sold more than a billion dollars yesterday to protect against a fast depreciation in Rupee, allowing some respite to importers who could start panicking after a fall of 10.50 per cent in its value this year,” said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors. The range for the day is expected to be between 82.20 to 82.80 as Asian currencies fall from their recent highs, Bhansali noted.
