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Rupee range-bound as demand matches supply
The rupee rose 13 paise to Rs 45.05 per US dollar at the Interbank Foreign Exchange market today, supported by higher opening in the domestic stock market and the dollar’s weakness against other Asian currencies overseas.
Forex dealers said a higher opening in the stock market and the dollar’s losses against other Asian currencies kept the rupee sentiment firm.
The domestic unit had lost 7 paise to close at Rs 45.18/19 per dollar in the previous session.
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