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First Rand Bank Treasurer K Hariharan

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Re ends close to 56 level; down 39 paise

Falling to nearly nine-month lows, the rupee today closed just shy of 56-level against the dollar after it slumped by 39 paise to end at 55.96, weighed down by month-end demand for the US currency......

Rupee up 7 paise Vs dollar at 54.51

The rupee on Wednesday gained seven paise to close at 55.51 against the dollar on smart recovery in local equities after a five-day losing streak and selling of the US currency by exporters.Forex......

Re down 2 paise Vs dollar at 54.58

Snapping a two-session upmove, the rupee on Tuesday weakened by two paise to 54.58 against the dollar because of renewed demand for the US currency from importers and continued capital outflows......

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