Rupee loses as risk assets fall; exporters sell

The rupee falls to 52.18-52.19 versus its previous close of 51.85-51.86, as part of a fall in risk assets over conerns about the global economic outlook.

October 08, 2012 / 15:33 IST

The rupee falls to 52.18-52.19 versus its previous close of 51.85-51.86, as part of a fall in risk assets over conerns about the global economic outlook.

The Sensex falls 0.9 percent, prompting some dollar buying from custodians banks, likely on behalf of foreign investors.

However, dollar sales from exporters at around 52.20-52.25 levels could limit any substantial gains in USD/INR.

first published: Oct 8, 2012 01:46 pm

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