 "Rupee hits 30-month low on fears of FII outflows")
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The rupee slid to its weakest level in 30 months on Friday on expectations of foreign fund outflows from domestic shares on a sudden bout of risk aversion ahead of the euro zone summit over the weekend.
At 9:07 am, the partially convertible rupee was at 50.14/15 per dollar, after hitting 50.18, its lowest since April 29, 2009 and 0.7 percent below its Thursday’s close of 49.79/80.
Reuters