Rupee falls to new 13-mth low
MUMBAI (Reuters) - The rupee fell to a fresh 13-month-low on Wednesday as record-high oil prices, growing worries about a slowdown in the economy and a deteriorating current account deficit spurred demand for U.S. dollars.
At 1:17 p.m., the partially convertible rupee was at 42.55/56 per dollar, a level it last traded on April 13, 2007, according to Reuters data. It had closed at 42.10/11 on Tuesday.
© Thomson Reuters 2008 All rights reserved

















