Wed, 22 Feb 2012
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Rupee fall increases cost pressure on economy
It was probably one of the most volatile weeks for the rupee. The Indian currency fell past 51 per dollar on Friday for the first time in nearly 32 months. A weak trend in equity markets where foreign institutional investor participation is low. The overall demand for dollars has remained high.
During the week, the rupee lost 2.4 per cent,…
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