INR is likely to start on a weak note. Strength in dollar overseas added pressure on the Indian rupee that depreciated 19 paise to close at 79.64 (provisional) against the US dollar on Thursday. At the interbank foreign exchange market, the local currency opened at 79.60 and moved in a range of 79.60 to 79.71 during the day. It finally ended at 79.64 against the greenback, down 19 paise over its previous close. The dollar index, which gauges the greenbacks strength against a basket of six currencies, rose to 108.Powered by Commodity Insights
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