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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Rupee at 1-month low on dollar rise, share losses
November, 12th 2010

The Indian rupee extended its fall to a one-month low on Friday as broad gains in the U.S. unit versus majors and bunched up demand for dollars a day after the Veteran's Day holiday in the U.S. weighed.

At 12:04 p.m. (0634 GMT), the partially convertible rupee was at 44.64/65 per dollar , after hitting 44.65, its weakest since Oct. 12, and below its previous close of 44.31/32 on Thursday.

Traders said weak local shares also added to the downward pressure on the rupee. Shares were trading down nearly 1 percent while the dollar's index against six majors was up 0.3 percent.

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