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Monday, December 13, 2010

Rupee drops


At 45.16/17 per dollar

Rupee weakened on Monday (13 December 2010) tracking the euro's losses versus the dollar while a choppy local stock market failed to provide any clear cues on the direction of foreign fund flows.



Rupee was at 45.16/17 per dollar, 0.2% weaker than its 45.05/06 close on Friday.