The Indian rupee fell in early trade. The
currency opened at 66.30 a dollar, down 5 paise compared to Thursday's closing
of 66.25 per dollar. Last Friday, the first April of every year, the currency
markets remain shut.
Ananth Narayan,
Standard Chartered says calendar Q1 tends to favour the rupee, with low current
account deficits and higher capital inflows.
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