Rupee falls to 1-week low

Rupee fell to a one-week low on Monday as tumbling commodity prices hit global risk currencies, but pared losses after lower-than-expected inflation data raised hopes the central bank would cut interest rates next month.

Rupee ended at 54.6250/6350 per dollar, 0.2 percent weaker than its close of 54.52/53 on Friday.

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