Rupee eyes further losses after breaching 91 in thin trade
The Indian rupee is set to play catch-up at Friday's open after patchy holiday flows and losses in the non-deliverable market drove it beyond the 91-per-dollar level. The 1-month non-deliverable forward (NDF) indicated that the rupee will open in the 91.02 to 91.06 range to the US dollar, having settled at 90.6675 on Wednesday.