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रविवार : हिन्दी | Raviwar : Hindi

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India industry news and press releases provided by PRarticle.com

MUMBAI: The rupee opened 10 paise weaker and fell against the US dollar in early tradeon Monday due to increased demand for dollars from importers.At the Interbank Foreign Exchange (forex) market, the domestic unit, which fell by 57 paise to close at 50.07/10 on Friday, depreciated further by 10 paise to 50.17 against the greenback.Heavy demand for the US currency from importers led to rupee's depreciation, traders said.

Enlarge Photo The Bombay Stock Exchange (BSE) building is seen in this file photo. REUTERS/Punit Paranjpe Fri, Feb 29 05:14 PMIndian shares fell 1.4 percent on Friday to their lowest close this week, after the national budget budget failed to cheer investors already shaken by turbulent global markets.The government promised higher spending for ailing farms and pledged funds for rural revival in the 2008/09 budget, but a $15 billion scheme to waive loans and plans to raise the tax...

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