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Fear of European Recession drag currency

Capital Market

At 61.12/13 per dollar

A fear of possible recession in Europe due to a weak German export data irked up concerns and dragged most Asian stock indexes down.

Rupee opened weaker at 61.12/13 per dollar on Friday (10 October 2014), against its previous close of 61.04/05 per dollar on Thursday.

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First Published: Oct 10 2014 | 10:34 AM IST

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