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Rupee Weakens to Lowest Since March 4

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Rupee Weakens to Lowest Since March 4
The rupee fell as low as 61.95 per dollar on Wednesday, its weakest level since March 4, as traders unwound positions ahead of holidays and at a time when the greenback is gaining globally.

The pair was last traded at 61.92, weaker than its 61.7450/61.7550 close on Tuesday.

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Markets will be closed from Thursday to Monday due to festivals.

Copyright: Thomson Reuters 2014

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