Wednesday, March 4, 2009

Rupee breaches 52-mark against $

Rupee breaches 52-mark against $
Business Standard, March 4, 2009, Page 1

The rupee went past the 52 mark against the dollar for the first time, on continued pressure from overseas investors who are offloading Indian securities. After touching a new low of 52.18 in intra-day trade, the Indian currency recovered to close at 51.97 against the dollar, three paise lower than yesterday’s close. Section II, Page 3

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