Strengthening of the American currency overseas and increased dollar demand weighs on rupee
RUPEE-INDIA-NEWS-DOLLAR:Rupee hits over 2-month low on Greece worries
Fresh demand for the US currency from banks and importers erases initial gains
Declines for the fourth day in a row on sustained dollar demand from importers
The rupee lost nearly 4% against the dollar in November alone, becoming the worst loser among the leading global currencies for the month
RUPEE-INDIA-UPDATE:Rupee edges up oil demand limits downside
Sustained dollar demand from banks and month-end buying from importers, mainly oil refiners affected the rupee value against the dollar
Currency dealers say capital flows will drive rupee
Continued selling of the American currency by exporters and banks helps rupee
Strengthening of euro against the dollar overseas supported the rupee
Strengthening of euro against the dollar overseas, higher opening in the domestic equity market supports the rupee
Foreign currency assets up by $1.44 bn to $260.13 bn
It recovered afterwards to 52.72 per dollar in the late morning trade on selling of dollars from banks
FIIs bought a net Rs 19,300 cr in Indian stocks in Sept, strongest purchase this yr sinceFeb