APN News

Rupee falls by 38 paise against dollar

Mumbai : The Indian rupee today fell by 38 paise to hit a seven-week low of 50.74 rupee against US dollar in early trade at the Interbank Foreign Exchange market on foreign fund outflows and strong dollar overseas.

Yesterday, rupee had breached the 50-level mark after a gap of nearly six weeks by losing a hefty 52 paise to 50.36 against the dollar.

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