Mumbai, Nov. 21 -- The Indian rupee extended downside in opening trades on Friday tracing firm dollar overseas. INR opened at Rs 88.67 per dollar and fell to a low f 88.70 so far during the day. Yesterday, rupee depreciated 23 paise to close at 88.71 against the US dollar, on broad strength of the American currency and fading odds of a rate cut by the US Federal Reserve. The closely watched U.S. Labor Department report, delayed by the federal government shutdown, showed that September nonfarm payrolls increased by 119,000, more than double the estimated increase of 50,000. The US unemployment rate rose to 4.4% with the number of unemployed people at 7.6 million as of the month ended September 2025, compared to the 4.1% jobless rate with 6...
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