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Indian rupee slips to fresh 17-month lows
Reuters - Wednesday, August 27
MUMBAI, Aug 26 - Steady demand for dollars from corporates and short-covering pushed the Indian rupee down to 17-month lows in late trade on Tuesday.
At 4:20 p.m. , the partially convertible rupee <INR=IN> was at 44.10/11, weaker than Monday's close of 43.79/80.
It hit 44.26 in intraday trade, its lowest since March 14, 2007.
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