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Rupee down 31 paise against dollar in early trade

Mumbai, Jul 30 : The rupee today lost 31 paise to 59.72 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against euro overseas.

Increased month-end dollar demand from importers also put pressure on the rupee.

Dealers attributed the rupee’s fall to dollar gains against the euro overseas and cautiousness ahead of the RBI monetary policy review today but a higher opening in the domestic stock market, restricted the fall.

(PTI)

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