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Rupee trades weak at 62.18 to the dollar
INR
83.353 | United States Dollar |
Dealers say that what would also be crucial for the rupee would be the Fed Open Market Committee Meet slated for Dec 18.
Should the Federal Reserve decide to taper its asset purchase programme there could be further weakness in the Indian rupee.
The rupee has been showing signs of weakness in the last few trading sessions on fears of QE3 tapering.
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