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Rupee hits 2013 low on importer demand, weak euro

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Reuters MUMBAI
Last Updated : May 21 2013 | 5:25 PM IST

MUMBAI (Reuters) - The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company.

At 04:45 pm IST, the rupee was at 55.37/38 versus its Monday close of 55.10/11. It fell to 55.41 during the session, a level last seen on November 29, 2012.

(Reporting by Subhadip Sircar; Editing by Rafael Nam)

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First Published: May 21 2013 | 5:10 PM IST

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