RTTN:Indian Rupee At 4-week Low Against U.S. Dollar
In later deals on Friday, the Indian rupee declined against the U.S. dollar as traders became cautious about the outcome of G20 meeting that started in Moscow.
The 2-day meeting attended by finance ministers and central bank chiefs will prioritize forex markets issue and the global impact of recent actions taken by some countries to weaken their currencies.
The rupee that ended yesterday's deals at 53.9255 against the greenback lost 0.64 percent to a 4-week low of 54.2705. The rupee may break next downside target level at 54.5.
