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The Indian rupee opened at 54.85 per dollar versus 54.70 yesterday.
Pramit Brahmbhatt, Alpari India said that, "Global markets are still recovering from pessimistic views about the Eurozone, which is reflected in non-dollar currencies gaining some momentum. The range for the day is seen between 54.50-54.80/$."
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Dont see mkt going anywhere now; like Bharat Forge: Dipen