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Friday 7 December 2012

Rupee tumbles by 33 paise



The rupee on Friday fell from its one-month high level by losing a sharp by 33 paise to end the day 54.47 against the US currency due to a firm dollar overseas, even as the government won the FDI vote in Rajya Sabha.The rupee had hit one-month high of 54.14 against the dollar yesterday, after BSP chief Mayawati decided to lend her party’s support to the government on allowing foreign direct investment (FDI) in the multi-brand retail segment.

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