Rupee slips

At 60.21/22 per dollar
Rupee closed lower at 60.21/22 per dollar on Monday (05 May 2014), before hitting its one-month high during the session.The drop is due to heavy dollar demand from oil firms, state banks and cautious trade ahead of the due general elections results next week.
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First Published: May 05 2014 | 5:24 PM IST
