Rupee weakens Ends at 54.84/86 per dollar - Monarch

Rupee weakened for a fourth straight session on Monday as importers including oil refiners stepped up dollar purchases while the lack of dollar inflows exaggerated the local unit's fall.

Rupee ended at 54.84/86 per dol-lar, weaker versus its previous close of 54.4850/4950. It dropped as low as 54.89 in late trade, its weakest since 04 December 2012.

Source : Equity Bulls

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