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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 eases by 12p against dollar
February, 18th 2010

The rupee depreciated by 12 paise against the US currency in early trade today on fresh capital outflows by foreign funds and the dollar's gains overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee fell by 12 paise to 46.22 a dollar. The rupee had closed higher by 11 paise at 46.10/11 a dollar in the previous session.

Forex dealers said besides dollar gaining overseas, weak trend on the stock markets also weighed on the rupee sentiment.

Meanwhile, the Bombay Stock Exchange index Sensex fell by 72.54 points, or 0.43 per cent to 16,356.37 points in the early trade today.

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