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Wednesday, May 23, 2012

Rupee crashes to new low at 55.82 Against US dollar in early trade

Continuing its losing streak for the sixth session in a row, the rupee today lost 43 paise to touch a fresh low of 55.82 against the US dollar in early trade due to increased capital outflows amid a strong demand for the American currency by importers, especially oil refiners.

From: http://ping.fm/OvgKL

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