Business Standard

Rupee near two-month low on emerging markets selloff

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Reuters MUMBAI

MUMBAI (Reuters) - The rupee fell to a near two-month low on Friday as weak China data led to a sell-off in emerging market assets.

The partially convertible rupee fell to 62.60 to a dollar in trade, a level last seen November 29. It was last trading at 62.54/55 versus Thursday's close of 61.9275/9375.

(Reporting by Subhadip Sircar; Editing by Anand Basu)

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First Published: Jan 24 2014 | 4:51 PM IST

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