The US dollar ended cheaper against the rupee at Rs 39.51/52 per dollar at the close of the Interbank Foreign Exchange (FOREX) market in Mumbai on Feb 6. The rupee depreciated to 39.60/61 against the US dollar in late morning deals following sustained capital outflows and heavy dollar buying by some multinational banks. In fairly active trade at the Interbank Foreign Exchange (Forex) market, the local currency opened sharply lower at 39.60/61 a dollar from Feb 5 close of 39.55/56 a dollar. Fears of US recession had a negative impact on the rupee, expecting lower exports.
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