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Rupee falls on higher trade deficit, Nifty falls 1.5 percent

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Reuters

Reuters Market Eye - The rupee is trading at 61.65/6550 vs previous close of 61.41/42.

Weaker rupee contrasts with Asian currency gains across the region.

Traders cite concerns after India's trade deficit widened in September.

Domestic shares also fall tracking lower global markets. Nifty falls over 1.5 percent.

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First Published: Oct 16 2014 | 3:21 PM IST

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