ET:Rupee falls from session high on IIP data, euro
MUMBAI: The rupee fell from its session highs to trade at 55.30/31 against the dollar, though still above its 55.42/43 close on Wednesday.
An unexpected slump in industrial output steadily sparked the fall in the rupee from an early session high of 55.045, with losses worsening in the afternoon as the euro fell on waning optimism about policy maker action in the eurozone.
The BSE Sensex provisionally close 0.23 per cent lower.
