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Rupee weakens 20 paise per dollar
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INR
83.364 | United States Dollar |
Domestically, high inflation and the large fiscal deficit were also some of the main factors driving the rupee down against the US dollar.
At 11.50 am IST the partially convertible Indian rupee was seen trading at 50.59 lower by 0.20.
Meanwhile, Markets were trading in a narrow band, the BSE was seen up 40 points, while the 50-share NSE Nifty was up by 10 points.
GoodReturns.in
Story first published: Wednesday, March 21, 2012, 12:51 [IST]