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Rupee suffers heavy setback

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Capital Market

At 59.99/60.00 per dollar

Rupee suffered heavy loss on Monday (16 June 2014), due to strong demand for the greenback from the oil companies weighing after global crude prices surged to nine-month highs on Friday.

Rupee was at 59.99/60.00 per dollar versus its previous close of 59.76/77 per dollar.

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First Published: Jun 16 2014 | 9:53 AM IST

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