MUMBAI: The Indian rupee slid to its lowest in more than 8 weeks on Monday as weakness in domestic shares as well as the euro dampened sentiment for the local unit.
* At 2:15 p.m., the partially convertible rupee was at 45.0775/0825 after falling to 45.10 -- its weakest since March 18. It had ended at 44.85/86 per dollar on Friday.
* The euro hovered near a seven-week low against the dollar on Monday as investors sought clarity over how fresh talks on further aid for highly indebted euro zone countries might pan out.
* Indian shares extended their drop after government data showed India's wholesale price index (WPI) rose an annual 8.66 percent in April, mostly on higher fuel and food prices.
* Indian state-run oil firms raised petrol prices by about 8.6 percent, or 5 rupees a litre, from Sunday, company officials said. A record hike that will fuel inflation in Asia's third-largest economy.
* Traders expected the rupee to stay in the range of 44.90-45.20 per dollar intra-day.
