Tuesday, November 22, 2011

Rupee hits weakest in 32-1/2 months (Reuters)

MUMBAI (Reuters) ? The rupee touched 52 per dollar mark for the first time in thirty-two-and-half months on Monday as domestic equities weakened and oil importers bought dollars.

At 3:13 p.m. (0943 GMT), the partially convertible rupee was at 52.00 per dollar, 1.3 percent weaker than Friday's close of 51.3350/3450, after touching 52.02, its weakest level since March 5, 2009.

(Reporting by Aditya Phatak; Editing by Aradhana Aravindan)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20111121/india_nm/india606386

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