Re dips on global concerns

The rupee drifted away from a near-decade high on Wednesday, weighed by concerns that a recession in the US would spur a wave of risk reduction, though capital inflows remained buoyant, dealers said. The partially convertible rupee ended at 39.29/30 per dollar, slipping from the previous finish of 39.265/275 but within striking distance of a decade-high of 39.16 hit in November.