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Rupee falls on euro, dollar demand from refiners
Clean Media Correspondent
Rupee falls on euro, dollar demand from refiners
Clean Media Correspondent
MUMBAI, Aug 08 (CMC): The Indian rupee fell on Wednesday, snapping a three-session winning streak, led by dollar demand from oil refiners and a late fall in the euro.
Global risk sentiment fell after German data showed imports and exports falling and Bank of England governor Mervyn King said there was enormous uncertainty about the euro.
Local shares also reflected the global sentiment. The benchmark index gave up gains to end flat at 17,600.56 after rising as much as 0.7 percent during the session.
Global risk sentiment fell after German data showed imports and exports falling and Bank of England governor Mervyn King said there was enormous uncertainty about the euro.
Local shares also reflected the global sentiment. The benchmark index gave up gains to end flat at 17,600.56 after rising as much as 0.7 percent during the session.
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