The rupee falls further by 18 paise to reach Rs 52.20 per US dollar on the month-end
despite of dollar weakness in the overseas markets.
The rupee resumed slightly lower at Rs 52.03/04 per dollar
on the Interbank Foreign Exchange, as against its previous close of Rs 52.02/03
per dollar, and dropped further to Rs 52.20 per dollar before quoting at Rs
52.17/18 per dollar at 10.15 a.m.
Persistent foreign capital outflows and month-end dollar
demand from importers, mainly oil refiners, affected the rupee value against
the dollar, a forex dealer said.
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