The rupee fell to a low of 62 against the dollar compared with Thursday's 61.8750/8850 close. Month-end dollar demand from importers is likely to hurt the Indian unit.
Gains in shares and resulting capital inflows may limit a very sharp upside to the pair.
Indian shares rise to record highs ahead of GDP data, RBI policy.
Almost all Asian currencies are weaker compared against the dollar.
Index of the dollar against six major currencies trading up 0.5 per cent.
USD/INR pair is seen in a 61.70 to 62.10 range on Friday.
GDP data, due post market hours, and the RBI policy review on Tuesday are in focus.
Source:- ndtv.com
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