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Rupee slips.

Mumbai: Ignoring firm local equities, the rupee fell back by nine paise to close at 60.17 against the United States dollar following fresh dollar demand from importers. However, continued capital inflows and weak dollar overseas restricted the rupee fall to some extent, a forex dealer said. At the Interbank Foreign Exchange (Forex) market, the domestic unit commences better at 60.02 a dollar from last weekend's close of 60.08 and improved further to a high of 60.00. Later, it met with strong resistance and fell back to a low of 60.26 before settling at 60.17.

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Publication:Times of Oman (Muscat, Oman)
Date:Jun 30, 2014
Words:114
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