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Rupee gains after RBI forex market measures

The rupee closed at an all-time low of 53.83 a dollar on Wednesday

Read more on:    rupee | money and forex | open position
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The rupee rose after the RBI fixed intra-day open position limits at five times the net overnight open position limit for rupee trading.

The move to curb excessive position-taking sent the rupee up to 53.59/60 to the dollar around 53.90 in opening trade.

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Rupee recovers from record low of 56.52

Snapping the two-day fall, the rupee today recovered 16 paise against the dollar to close at 56.08 after slipping to a record low of 56.52 on ...

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