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Tuesday, January 12, 2010

rupee today depreciated by 16 paise to 45.50 against USD

The rupee today depreciated by 16 paise to 45.50 a dollar in early trade as the US currency strengthened against major world currencies.


At Forex market, the Indian rupee fell by 16 paise to 45.50 a dollar. The rupee had rallied by 42 paise to close at a 16-month high of 45.34 yesterday on heavy selling of US currency by exporters.

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