The rupee failed to maintain early gains and slipped 18 paise to 51.35 against the American currency on fresh dollar demand from importers amid weak equity markets.
The rupee resumed slightly higher at 51.15/16 per dollar at the Interbank Foreign Exchange (Forex) market, as against the last weekend’s level of 51.17/18 per dollar but declined immediately to 51.35 per dollar before quoting at 51.24/25 per dollar at 1030 hours.
From: http://ping.fm/63Lhi
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