November 8, 2013 12:37 PM

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Rupee drops further by 25 paise against dollar

Moving in line with equity market, the rupee dropped further by 25 paise to 62 rupees, 66 paise per dollar in late morning trade today on sustained demand for the US currency from banks and importers. Persistent capital inflows from foreign funds failed to restrict the rupee's fall following good dollar demand from importers.

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