Rupee plunges to 45.50/52 per USD in mid-morning session

Mumbai, May 18 (UNI) The rupee opened weaker by 19 paise at 45.38/40 per US dollar as compared to the last close of 45.19/20, a forex dealer here said.

The Indian currency fell sharply to 45.50/52 per US dollar in the mid-morning session on the back of the 600-point fall on the BSE sensex and weaker global markets.

Stock market's bench mark index BSE Sensex fell to a low of 11,618, dipping by 600 points around 1125 hrs which led to the rupee's sharp fall.

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