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Our Bureau

Mumbai, Sept. 14

The rupee gained against the dollar on stock market inflows on Thursday. A weak dollar ahead of the US retail sales data also helped the Indian currency, said dealers. The rupee opened higher at 46.12 and touched a high of 46.0850. It ended at 46.17 against the earlier close of 46.18.

"There were regular inflows into the stock market which helped the rupee gain," said a dealer with a private bank. However, dollar buying by oil companies at regular dips stopped the rupee from appreciating. Assuming the current scenario, the rupee could strengthen tomorrow, he said. The six-month premium ended 1.36 per cent (1.37 per cent) and the 12-month at 1.34 (1.36 per cent).

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