October 5, 2010 11:30 AM

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Rupee depreciates by 19 paise

The Indian rupee weakened by 19 paise to 44.77 against the US dollar in the early trade. Rising demand for dollar from importers and weak opening at the domestic stock market, coupled with Dollar gaining against other major currencies hurt the rupee's sentiment. Forex traders said, besides dollar demand from importers, weak opening on domestic bourses and dollar strengthening against other currencies put pressure on the Indian rupee.

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