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 Rupee falls to record low of 50.15/dlr..................

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Rupee falls to record low of 50.15/dlr.................. Empty
PostSubject: Rupee falls to record low of 50.15/dlr..................   Rupee falls to record low of 50.15/dlr.................. I_icon_minitimeFri Oct 24, 2008 10:35 am

Rupee falls to record low of 50.15/dlr.................. Top210

The rupee opened trade on Friday at a record low of 50.15 per dollar, weighed down by heavy losses in Asian stocks which raised worries of more outflows from the local share market.

At 9 a.m., the partially convertible rupee was at 50.00/15 per dollar, compared with 49.81/82 at close on Thursday.

Asian stocks fell on Friday, led by a 4 percent drop in Japan's Nikkei, as the global economic slowdown slashed earnings prospects for an array of companies .
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Rupee falls to record low of 50.15/dlr..................
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