| Date: |
10-03-2011 |
| Subject: |
Rupee Falls By 7 Paise Against US Dollar |
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MUMBAI: The Indian rupee fell by 7 paise to 45.07 per US dollar in early trade at the Interbank Foreign Exchange on Thursday, weighed down by dollar gains against other currencies and a lower opening in the stock market.
Forex traders said dollar gains against other major currencies overseas and a weak start in the stock market mainly put pressure on the rupee.
The rupee rose by 8 paise to close at 45.00/01 against the US currency in yesterday's trade on the back of fresh dollars-selling by banks amid a firm trend in the equity market.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 152.95 points, or 0.82 per cent, to 18,317.00 in opening trade.
Source : timesofindia.indiatimes.com
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