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Rupee down 20 paise against dollar in early trade
September 23, 2013
The rupee fell by 20 paise to 62.43 against the dollar in early trade today at the Interbank Foreign Exchange market on demand from importers for the US currency amid a lower opening in the domestic market.

Forex dealers said besides fresh demand for the American currency from importers, a hike of 25 basis points in key lending rates by the Reserve Bank on Friday and a lower opening in the equity market mainly put pressure on the rupee but dollar's weakness against other currencies overseas limited the fall.
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