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Indian currency on Friday declined by 16 paise to end the week at 46.77 versus the US currency, as compared to its last previous closure at 46.61 on account of continued demand from bankers.

Traders at the Interbank Foreign Exchange (FOREX) made this announcement.

The Indian unit lost nine paise during the opening trade following a mixed trend in Asian currencies.

However, benefits in domestic equity stocks prevented its sharp decline, they added.

Union Minister for Corporate Affairs Salman Kurshid stated that it is important for the common man to be acquainted with the plus points of making investments in the capital market through investor education programmes.

It has been reported that a court battle over Arizona's new immigration law began with opponents of the law urging a delay in enforcing it and backers urging dismissal of the lawsuit.

Seven federal lawsuits have been filed challenging Arizona's Senate Bill 1070, scheduled to go into effect July 29. Hearings are scheduled for next week in suits filed by the U. S. Department of Justice, the American Civil Liberties Union and several other groups.

His state will host a meeting of U. S. and Mexican border governors that was canceled by Arizona amid a threatened boycott, says New Mexico Gov. Bill Richardson.

The Albuquerque Journal reported on Friday that Arizona Gov. Jan Brewer canceled the annual meeting, scheduled for June 30, in response to a planned boycott by Mexican border state governors upset by Arizona's immigration law.

The newspaper has said that Richardson said he would offer to hold the meeting in Santa Fe in late September.

Court documents have shown that Texas authorities have accused a 23-year-old woman of failing to stop the rape of a 14-year-old girl by two men.

The Austin American-Statesman has reported that Reyna Ramirez of Horseshoe Bay, Texas, near Austin, was arrested Monday and charged with abandoning or endangering a child.

The newspaper further said that the arrest affidavit alleges Ramirez was with the 14-year-old July 4 when the two men, Anibal Escobar, 19, and Anael Martinez, 22, sexually assaulted the girl.

Campaign finance reports have shown that Sen. Barbara Boxer, D-Calif., has a campaign war chest almost 12 times as large as that of her Republican opponent Carly Fiorina.

The Los Angeles Times reported on Friday that figures released by the two campaigns after a six-week reporting period ending June 30 show Boxer with nearly $12 million in campaign funds compared to slightly less than $1 million for Fiorina.