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    HomeNewsBusinessMarketsRupee rises; large corporate dollar sales seen

    Rupee rises; large corporate dollar sales seen

    The rupee rises to 55.30-55.31 from the previous close of 55.52-55.53 on large telecom-related dollar sales that dealers estimate at around USD 180-190 million.

    August 07, 2012 / 15:59 IST

    The rupee rises to 55.30-55.31 from the previous close of 55.52-55.53 on large telecom-related dollar sales that dealers estimate at around USD 180-190 million.


    A large engineering company was also a heavy USD seller, say dealers.


    USD/INR has swung from a session high of 55.51 to a low of 55.24 during the session.

    The Sensex gained higher, up around 1%.

    first published: Aug 7, 2012 02:22 pm

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