The rupee falls to a session low of 55.2250, a level last seen on January 8, versus its Monday close of 55.10/11.
Losses come as local shares fall for a second consecutive session, with one state-run bank dealer noting big importer dollar demand from a private refining company. Also read: Rupee to end 2013 in range of 56.50-57/$: Credit Suisse
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
