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Aug 23, 2012, 04.48 PM IST
Rupee trading at 55.24-26 versus its previous close of 55.4950-5050 tracking higher global risk assets, though it is off its two-week high of 55.12.
The euro hit a seven-week high after business activity surveys in France and Germany were not as bad as feared, while minutes from the Federal Reserve hinted at more monetary stimulus measures. Traders expect the rupee to trade in a 55 to 55.50 range for the remainder of the week.
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