Rupee Weakens 32 paise

Rupee on Friday (10 May 2013) lost 32 paise to 54.57 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the U.S. currency against other currencies overseas.

Rupee had lost nine paise to close at a one-week low level of 54.25 against the dollar yesterday due to sustained demand for the US currency for oil and gold related payments.

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