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Our Bureau

Mumbai, Oct 13

The rupee turned firm against the greenback on Friday on the back of dollar inflows. The domestic currency opened at 45.46/47 and touched an intra-day low of 45.54 before closing at 45.44, up from Thursday's close at 45.63.

Banks were seen selling dollars in the market. "The upward trend in the stock market also aided the rupee. The FII inflows into the stock market is bringing in dollars," said a dealer at a private bank. In forwards, the 6 month premium closed at 1.50 per cent (1.40) and the 12 month ended at 1.48 per cent (1.42).

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