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Fed's stance hits rupee

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Capital Market

At 61.4250/4300 per dollar

Due to the Fed's optimism about U.S. economic recovery rupee traded weaker in the opening session on Thursday (30 October 2014) at 61.4250/4300 per dollar, against its previous close of 61.35/36 per dollar. However, expectations of sustained foreign fund inflows caps fall in rupee.

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First Published: Oct 30 2014 | 11:03 AM IST

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