RTTN:Indian Rupee Slides Against U.S. Dollar After Trade Data
The Indian rupee weakened against the U.S. dollar in later deals on Friday after data showing that India's trade deficit widened to $17.7 billion in December versus $14.7 billion last year.
The rupee fell 0.74 percent to 54.7625 against the greenback, off its early 8-day high of 54.3595. The rupee is likely to seek next support level at 55.5. The pair closed yesterday's deals at 54.5655.
