Monday, January 25, 2010

Rupee declines again

Ends at 46.15/16 per dollar
Rupee fell for a fourth day on Friday (22 January 2010), but pulled back from a two-week low struck early as exporters cashed in their dollars in the belief the drop was overdone.
Rupee ended 0.2% weaker at 46.15/16 per dollar from previous day's 46.04/05. The unit fell as low as 46.2750 in early deals, its lowest since 5 January 2010.

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