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Rupee near two-month low, closes at 62.54 against US dollar

Rupee near two-month low, closes at 62.54 against US dollar

<p>The rupee fell to a near two-month low on Friday as weak China data led to a sell-off in emerging market assets.</p>

The rupee fell to a near two-month low on Friday as weak China data led to a sell-off in emerging market assets.

The partially convertible rupee fell to 62.60 to a US dollar in trade, a level last seen November 29. It was last trading at 62.54/55 versus Thursday's close of 61.9275/9375.

first published:January 24, 2014, 17:41 IST