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Rupee Strengthens On Dollar Weakness


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The Indian rupee started strong on Thursday 3 October 2013 tracking global dollar weakness. Increased dollar selling by exporters and a higher opening in the domestic equity markets also supported the rupee.

The domestic currency opened higher by 32 paisa at Rs 62.15 against the U.S. dollar and fell to a low of 62.22 before bouncing back to a high of 61.82 so far during the day.

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