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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 down by 2 paise
January, 18th 2010

The rupee today eased marginally by two paise to 45.80 against the US dollar in early trade in line with other weak Asian currencies amid a weak domestic equity market.

At the Interbank Foreign Exchange (Forex) market, the Indian rupee fell by two paise to trade lower at 45.80 a dollar. The rupee had lost 16 paise to close at 45.78/79 in the previous session.

Forex dealers said dollar's gains against other Asian currencies and foreign capital outflows from the local equity markets, mainly weighed on the Indian rupee's sentiment.

The Bombay Stock Exchange index Sensex was down by nearly 49 points at 17,505.50 points in the opening trade today.

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