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Thursday, 23 May 2013

As rupee falls to 8-1/2 month low, more weakness in store


As rupee falls to 8-1/2 month low, more weakness in store


MUMBAI - The rupee slid to its lowest in over 8-1/2 months on Thursday, heading for a fifth consecutive session of falls, as worries about a potential pullback in the U.S. monetary stimulus programme sparked a shift sway from riskier currencies.

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