The rupee depreciated by almost 10 paise as fears of an imminent air strike by the US on Afghanistan gripped the market. The rupee opened distinctly weaker at 47.87/90 compared with the previous close of 47.8650/8700 to a dollar and edged lower to close at 49.99 amidst good demand for dollars. The one-year forward premium inched up to 6.20 per cent as against the previous close of 6 per cent.
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