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Rupee falls

The rupee on Monday slightly weakened because of fresh rise in dollar demand from importers, dealers said. The rupee fell four paisas and closed at 101.83 to the greenback from the previous closing of 101.79 in the interbank forex market. In the open market, the rupee was traded at

By our correspondents
August 04, 2015
The rupee on Monday slightly weakened because of fresh rise in dollar demand from importers, dealers said. The rupee fell four paisas and closed at 101.83 to the greenback from the previous closing of 101.79 in the interbank forex market. In the open market, the rupee was traded at 102.80 and 103 for buying and selling against the dollar. Foreign exchange dealers said that the local unit faced a little pressure at the start of the trade, as importers purchased dollars to pay bills.