Rupee falls on dollar demand from oil importers

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Rupee falls on dollar demand from oil importers; caution ahead of WPI:
The rupee fell on Monday on the back of sustained dollar demand from oil importers, with traders also cautious a day before inflation data amid worries the economy could face a period of slowing growth but higher inflationary pressures. The partially convertible rupee closed at 55.34/35 per dollar as per the SBI closing rate versus its previous close of 55.28/29.