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Indian rupee at 1-year low as record oil weighs

Thu May 8, 2008 11:46am IST
 
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MUMBAI, May 8 (Reuters) - The Indian rupee fell to its lowest in more than a year on Thursday as record high oil prices spurred demand for dollars from refiners and fund flows into the stock market slowed.

At 11:40 a.m. (0610 GMT), the partially convertible rupee was at 41.72 per dollar, its lowest since April 23, 2007. It had ended at 41.36/37 on Wednesday. (Reporting by Anurag Joshi; Editing by John Mair)

 
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Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
GOLD $0.00 $0.00
SILVER $0.00 $0.00
Currency
US $ INR =42.5400
UK £ INR =83.0976
Euro INR =57.4300
¥en INR =0.4087