indian-rupeeMUMBAI: Indian rupee fell sharply on Tuesday to its lowest in 10 weeks as a selloff in global equities ignited fears of foreign fund outflows.

The partially convertible rupee was at 45.32/33 to a dollar, after falling to as much as 45.40 in opening trade, its lowest since May 25. It had ended 0.5 percent weaker at 44.965/975 on Monday.

 

Copyright Reuters, 2011

 

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