<div>The rupee is trading lower at 61.88/89 versus Friday's closed of 61.75/76. It fell to 61.95 in early trades.<br /><br />Global risk aversion on geopolitical tensions in Ukraine weighing on most Asian currencies.<br /><br />China manufacturing PMI hits a seven-month low, further hurting risk currency sentiment.<br /><br />India's December GDP came in at a below expected 4.7 per cent, data released after market hours on Friday (28 February) showed.<br /><br />Data watch: India January manufacturing PMI at 10.30 p.m.<br /><br />The Japanese yen rose across the board on Monday while investors gave risk currencies such as the Australian dollar a wide berth as Ukraine mobilised for war after Russia's President Vladimir Putin declared he had the right to invade the neighbouring country.<br /><br />(Reuters)<br /> </div>
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