The rupee fell to its lowest since April 2003 early on Monday in anticipation of more capital outflows with Asian shares falling, but dollar
sales by state-run banks probably on behalf of central bank curbed a further drop.
At 9:19 a.m. (0349 GMT), the partially convertible rupee was at 47.30/32 per dollar, compared with Friday's close of 47.0750/0850. In early trade, it hit 47.45, its lowest since April 2003.
Source: EconomicTimes
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