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Mumbai Feb. 6 Dealers said the rupee initially edged up tracking the strength of the yen. However, the early gains made by the rupee were trimmed, as public sector banks began selling dollars, reportedly on behalf of the central bank. "The rupee may soon break 44 this month and may even touch 43.80 if the RBI stops intervening in the forex market," said a dealer at a private bank. In forwards, the 6 month closed at 3.30 per cent (3.37) and the 12 month ended unchanged at 3 per cent.

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