Indian rupee at 1-year low as record oil weighs
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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