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Rupee falls on weak shares, Asian peers

Rupee falls on weak shares, Asian peers
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First Published: Tue, Mar 15 2011. 10 58 AM IST
Updated: Tue, Mar 15 2011. 10 58 AM IST
Mumbai: The rupee was weaker on Tuesday tracking weak domestic shares and losses in Asian peers.
At 9:25am, the partially convertible rupee was at Rs 45.3600/45.3675 per dollar, weaker than Monday’s close of Rs 45.06/07.
Shares tumbled 2.2% in early trade on Tuesday, as worseing condition in quake-stricken Japan sent markets in Asian sharply lower.
Most Asian currencies were weaker against the dollar on Tuesday.
The index of the dollar against six major currencies was up 0.37% at 76.635 points, above 76.518 points at the close of the local forex market on Monday.
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First Published: Tue, Mar 15 2011. 10 58 AM IST
More Topics: Markets | India | Rupee | Currency | Foreign Exchange |