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Mumbai, Nov 7

The rupee appreciated marginally against the dollar on Friday, gaining 10 paise against the greenback. The domestic currency opened weaker at 47.95 but recovered to touch an intra-day high of 47.60. It closed at 47.65 against the previous close of 47.74/75. The rally in the stock markets helped the rupee gains against the dollar, said a dealer with a private bank. The rupee moved in a narrow range of 35 paise in intra-day trade, added the dealer. In the overseas market, d ollar’s movement against other major currencies will largely depend on the outcome of the payroll data. The rupee should trade in the range of 47-48.30 next week, with 46.80 being a good support level, said dealers.

— Our Bureau

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