Rupee falls for 4th day; down 16 paise against dollar

October 10, 2012 10:22

The rupee declined for fourth day in a row by losing 16 paise to Rs 52.88 per dollar in early trade today, weighed down by dollar's gains overseas.

Forex dealers said weakness in Asian currencies against the US dollar and demand for the greenback from importers put pressure on the rupee.

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