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Weakning in Indian Rupee

Indian Rupee fell by 8 Paise to 48.23 against US Dollar and rise in dollar’s against currencies also put pressure on Indian Rupee. On Thursday the rupee had ended 8 paise higher at 48.15/16. According to dealers Indian Rupee remain weak due to fresh Capital Outflows. Besides some dollar demand from Importers also led to the down ward movement in the Rupee.

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