Epic Updat :Rupee falls as global risk

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Epicresearch123
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Epic Updat :Rupee falls as global risk

Post by Epicresearch123 » Thu Jul 12, 2012 2:00 am

The rupee fell to 55.69/70 after rising to 55.53 immediately after stronger-than-expected May IIP data, compared to its Wednesday's close of 55.62/63. Weaker global risk assets, including a tumbling Australian dollar after an unexpected drop in unemployment, pressured the rupee.
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