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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 falls by 13 paise against USD
March, 15th 2010

The Indian rupee depreciated by 13 paise against the dollar in early trade today, following gains in the US currency against its rivals.

Capital outflows by foreign funds from equities too put pressure on the rupee.

At the Interbank Foreign Exchange (Forex) market, the rupee fell by 13 paise to 45.56 a dollar.

The rupee closed higher by 18 paise at 45.43/44 a dollar in the previous session on Friday.

Forex dealers said besides strong dollar overseas, some demand from importers for the US currency also weighed on the rupee sentiment.

Meanwhile, the Bombay Stock Exchange index Sensex fell by 77.67 points, or 0.45 per cent at 17,088.95 points in the opening trade today.

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