Rupee weakened past 50 against the dollar on Tuesday as unfolding state election results raised question about the government's ability to revive stalled reforms process, a key driver for continued strong foreign capital inflow.
At 11:03 a.m. (0533 GMT), the rupee was at 49.95/96 to the dollar, after dipping to 50.04, a level not seen since January 25, according to Thomson Reuters data, and down from Monday's close of 49.835/845.
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