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The rupee on Wednesday weakened further to close with a marginal loss of 2 paise at 64.55 against the American currency in limited trade on the back of stray dollar demand from importers.
The domestic currency resumed lower at 64.55 compared to Tuesday’s close of 64.53 at the Interbank Foreign Exchange (forex) market and was largely confined to a tight range in the absence of any major moving factors. It traded between 64.50 and 64.63 for most part of the day on bouts of dollar buying and selling before settling at 64.55, showing a nominal loss of 2 paise.
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