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Jul 19, 2012, 04.54 PM IST
The rupee is trading at a session high of 55.14-16 versus its 55.48/49 close on Wednesday, tracking a jump in the euro and gains in domestic shares.
The euro rallies on a Dow Jones report the European Financial Stability Facility would be able to buy Spanish bonds on the primary and secondary markets. The Sensex closed up 0.55%. However, traders say dollar demand from oil firms was preventing further falls in the USD/INR.
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