Rupee hits 2-year low, ends at 45.57

PUBLISHED ON: September 11, 2008 | Duration: 2 min, 02 sec

   
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The Indian rupee continued its slide to third straight day and virtually hit a two-year low of 45.57/58 against the greenback on Thursday on sustained dollar demand from oil refiners and stronger US currency overseas amid weakness in equity markets. The domestic currency tumbled by 46 paise to a closing level last seen on October 12, 2006.
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