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Continuing its fall for the third straight day, the rupee slipped 10 paise against the US dollar to 64.16 on persistent dollar demand from banks and importers on the back of strong greenback in the global market.
Sustained capital outflows also weighed on the rupee sentiment, brokers said. However, rise in the equity market restricted the rupee’s fall to some extent, a forex dealer said.
The rupee has shed 32 paise or 0.50 per cent in the last three sessions.
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