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Experts see Re weakening on Euro zone woes
The rupee, which touched a fresh low last week, is expected to stay under pressure in the near term, as concerns from the debt-ridden Euro zone continue to drive away foreign investors to safe haven currencies like the dollar and yen.
With depreciation of 6.4 per cent against the dollar, the Indian currency was the worst performer among Asian currencies in May. On Friday, the rupee closed at 55.59,
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