October 1, 2014 / 3:57 AM / 3 years ago

Rupee recovers from seven-month low

A shopkeeper poses for a picture as he counts rupee notes at his shop in Jammu May 16, 2012.Mukesh Gupta/Files

The rupee recovers after opening at 61.95 per dollar, its lowest since March 4. The Indian unit is now trading at 61.7150/72 vs the previous close of 61.7450/61.7550.

Traders pare positions ahead of holidays: markets will be closed from Thursday to Monday.

Most Asian currencies in the red on concerns about Hong Kong protests.

The dollar continues to trade at four-year highs.

The Nifty is down 0.24 percent in line with Asian shares. [.BO]

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