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The rupee was ended up by 22 paise at 44.98 per US dollar on Monday evening on sustained dollar-selling by exporters and corporates amid weakness of the American currency overseas.
At the Interbank Foreign Exchange market, the domestic unit opened slightly higher at 45.19/20 per dollar against Friday’s close of 45.20/21. It moved up further to 45.08 per dollar. At 10.30 a.m., the rupee was quoting at 45.10/11 per dollar.
The domestic unit moved in a range between 45.08 and 45.21 per dollar in the morning deals.
Sustained selling of dollars by exporters and some banks and a better opening in the stock market kept the rupee sentiment firm, a forex dealer said.
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