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Rupee loses 17 paise against US dollar in early trade
Dealers said apart from dollar gains against the euro, increased demand for the American currency from importers mainly weighed on the rupee sentiment.
In volatile trade, the rupee had lost 10 paise to close at a nearly two-week low of 53.07/08 against the dollar in yesterday's trade amid strong dollar demand from importers.
PTI
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Story first published: Friday, December 30, 2011, 10:36 [IST]