Epic Updat :Rupee falls as global risk
Posted: 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.