 "Rupee falls to near 5-month low; foreign funds pull out money")
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The rupee fell to 61.43/44, its lowest since March 14 and weaker than its 60.8450/8550 close on Tuesday.
The BSE Sensex and Nifty provisionally closed about 1% lower each.
Good dollar buying was seen from foreign banks likely on behalf of clients looking to exit their equity and debt investments in India.
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Most Asian currencies also ended weaker versus the dollar.
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