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Wednesday, September 10, 2008

Rupee ends at over 45 per dollar


At 45.12/13

Rupee weakened past 45 per dollar for the first time since November 2006 on Wednesday as stock market losses raised expectations of more foreign fund outflows while strong dollar demand from foreign banks weighed.

Rupee ended at 45.12/13 per dollar, 0.62 percent weaker than Tuesday's close of 44.84/85