Business Standard

Re ends at 45.17/$

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Our Web Bureau Mumbai
The rupee eased today on concern that foreign funds may be losing interest in falling local stocks as data showed they remained net sellers in October.

The rupee ended at 45.16/17 per dollar, 0.20% weaker than Friday's 45.07/08 close but well off a morning low of 45.225.

Traders said the rupee's losses were, however, limited by expectations that the Reserve Bank of India (RBI) would raise interest rates at its policy review tomorrow.

 
 

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First Published: Oct 24 2005 | 7:07 PM IST

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