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Re down by 6 paise against $ in early trade

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 10:14 PM IST

The Indian rupee today depreciated by 6 paise against the $ in early trade on increased demand for the American currency from importers.      

Dollar's gains against other currencies too put pressure on the Indian unit.     

At the Interbank Foreign Exchange (forex) market, rupee was quoted at weak 47.93 a $, lower by 6 paise form its previous close. The rupee closed at 47.89 against the US currency on Friday.     

Forex dealers said increased demand for dollar from importers ahead of Budget 2009-10 to be presented later in the day and $'s firmness against other currencies mainly put pressure on the rupee.

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First Published: Jul 06 2009 | 9:57 AM IST

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