Rupee recovers a bit as CAD position improves
27 Jun 2013
The Indian rupee gained some ground today, but was still trading at historic lows on Thursday.
The rupee recovered from an all-time low of 60.76 a dollar on Wednesday to 60.60 a dollar at noon today, as the country's current account deficit narrowed in the January-March quarter.
(See: India's trade deficit narrows in Q4; but still at record highs)