Rupee down at 42.86/87 against USD
Mumbai, May 27: The Rupee lost fourteen paise to be at 42.86/87 against US Dollar from its previous close of 42.72/73 per dollar in the opening trade.
The Indian currency weakened today as oil refiners stepped up their dollar buying to meet their month-end import payments, but it remained comfortably above 13-month low hit last week, dealers said.
UNI
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Story first published: Tuesday, May 27, 2008, 12:57 [IST]