Date:08/03/2008 URL: http://www.thehindu.com/2008/03/08/stories/2008030855251600.htm

Business

Rupee hits six-month low

MUMBAI: Continuing its weakness after a brief pause, the Indian rupee hit a nearly six-month low of 40.52/53 against the greenback on Friday against its last close of 40.29/30 due to good dollar demand from banks and oil companies amidst the softening of the U.S. currency and sluggish stock markets. — PTI