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Rupee follows fall in Stock markets

Discussion in 'Trading Strategies & Systems' started by honeyks, Apr 29, 2010.

  1. honeyks

    honeyks New Member

    Feb 26, 2010
    Likes Received:
    The Indian rupee has recorded a drop to 44.55/56 per dollar on Wednesday following a 1 percent fall in the stock market in the country.

    The currency had closed at 44.4350/4450 on Tuesday. The fall in stock market was as much as 1.2 percent on Wednesday following other stock markets around the world which took a beating due to the downgrading of the credit rating of Greece and Portugal.


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