Mumbai: The rupee fell by eight paise against the greenback on Feb 11. Rupee opened at 39.63/65 and saw an intra-day low of 39.74, before ending the day at 39.6950/70. Foreign exchange dealers said that the rupee would continue to weaken further to the 39.80-39.85 level. In forwards, the six-month premia closed at 0.85 per cent (0.76 per cent) and the 12-month closed at 1.14 per cent (1.04 per cent).
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