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Rupee dips as Satyam shares fall

Rupee dips as Satyam shares fall
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First Published: Wed, Jan 07 2009. 04 03 PM IST
Updated: Wed, Jan 07 2009. 04 03 PM IST
Mumbai: The rupee fell on Wednesday, erasing all the gains made during the day, as Satyam Computer Services shares tumbled, pulling down the main index and increasing dollar demand from foreign funds.
At 3:34pm, the partially convertible rupee was at Rs48.72/73 per dollar, compared with Tuesday’s close of Rs48.66/69. It hit a high of Rs48.3650 in early trade.
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First Published: Wed, Jan 07 2009. 04 03 PM IST
More Topics: Rupee | Dollar | Cuurency | Trade | Money Matters |