The Indian rupee is expected to start the week on a weak note, having slipped past a crucial threshold on Friday due to a strong U.S. dollar.
The one-month non-deliverable forward suggests that the rupee will open around 84.08 to the U.S. dollar, up from 84.06 in the previous session and above its all-time low of 84.07.
On Friday, the local currency fell below 84 for the first time, a level that the Reserve Bank of India (RBI) had been defending for the past two months.
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