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Monday, June 02, 2008

Rupee falls on market fall


Ends at 42.40/41 per dollar

Indian rupee was knocked off early highs on Monday as the sharemarket tumbled on worries of a rift in the ruling coalition, raising concerns about foreigners selling investments and repatriating their holdings.

Rupee ended at 42.40/41 per dollar as against Friday's close of 42.45/46.