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August 23, Wednesday 2017 5:35 PM       

       HEADLINES: Kanthapuram says Triple Talaq ia part of religious freedom                                              CPM welcomes SC order on triple talaq: M A Baby                                              Union election in Maharajas: Mridula, girls' team win                                              Having denied leave, cop attempts suicide                                              Again, custodial death in Kerala                                              Kaifiyat Express derails in UP, 50 injured                                              Lt. Col. Purohit released from Taloja jail after nine years                                              Suresh Prabhu Offers to resign as Railway minister                                              Trump pulls up Pak for providing safe havens to terrorists                                              US-led strikes kill 42 civilians in Syria's Raqqa                                              Afghan to become ‘graveyard’ for US: Taliban                                              Here are the winners of 2017 Khel Ratna, Arjuna and Dronocharya awards                                              Vani set to extend winning run on Hero Women's Pro Tour                                              Kaumudi Facebook
       BUSINESS Next Article: Nifty ends below 9,600 post Fed rate hike  
       Rupee opens lower by 15 paise against dollar
 
         Posted on :11:17:47 Jun 16, 2017
   
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       Last edited on:11:17:47 Jun 16, 2017
         Tags: Rupee opens lower by 15 paise against dollar
 
Mumbai: The rupee lost 15 paise to trade at a fresh two-week low of 64.68 against the dollar in early part today as the American unit strengthened overseas on upbeat data.
 
Upbeat US economic numbers gave investors reason to hope that the Federal Reserve will stick with its plan to hike rate, which put pressure on the rupee.
 
Forex dealers said the greenback's gains against other currencies overseas helped, which complemented the increased demand for the US currency from importers.
 
Yesterday, the rupee took a hefty knock by plunging 23 paise to close at a two-week low of 64.53 a dollar after the US Federal Reserve delivered the widely expected rate hike and maintained a hawkish tone, going forward.
 
The benchmark Sensex recovered by 107 points, or 0.34 per cent, to 31,182.73 in the opening trade today.
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       BUSINESS
Next Article: Nifty ends below 9,600 post Fed rate hike
 
 
BUSINESS HEADLINES
Sensex back in green, Infosys closes up too  
PSU bank employees go on strike; services hit  
Johnson & Johnson ordered to pay Rs. 2600 cr in lawsuit linking baby powder to cancer  
PSU bank strike on Tuesday may affect services  
Markets extend losses, Infosys pulls down Sensex  
BOI considering reduction in SB rate  
Sensex slips into red, down 29 pts in late morning deals  
Banks stare at union strike on Tuesday, services may be hit  
NABARD sanctions Rs 1,350-cr loan to Rajasthan govt  
Murthy's shadow to loom large over search for Infy CEO  
Post note ban, separatists, Reds feel "fund-starved": Jaitley  
US law firms initiate investigation against Infosys  
Infosys board approves up to Rs. 13,000 cr buyback offer  
RBI to issue new fluorescent blue Rs 50 notes  
PM to launch Rs 15k-cr road projects in Rajasthan  
Sikka quits Infosys after Murthy campaign  
Nifty snaps 3-day winning spree, down 67 pts  
Maruti rolls out sporty 'Ciaz S' at Rs 9.39 lakh  
RBI still has room to slash rate in current fiscal: Kidwai  
Our full sympathy with agitating Noida home buyers: FM  
Videocon names Rajesh Rathi as business head  
Sensex surges 235 pts as geo-political tensions ease  
Sensex jumps 191 points, ignores weak IIP data  
Trai website to soon display telcos' tariff plans: Sharma  
NPA resolution to spur credit expansion, growth: Panagariya  
 
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