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The rupee is trading at 61.24/25 vs previous close of 61.08/09. Traders say the higher-than-expected rise in July CPI and dull June industrial ouutput weakened sentiment.
The BSE Sensex is trading 0.2% lower.
Globally, Asian currencies are subdued on continuous caution over Ukraine.
USD/INR seen holding in a 61.15 to 61.40 range for the day, say traders.
