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Oct 16, 2012, 10.57 AM IST
The rupee opens higher at 52.91-52.93 versus its previous close of 53.015-53.025, tracking improved global risk appetite after stronger-than-expected US retail sales data.
Dealers will watch for oil, gold-related USD demand during the session. The Sensex gains 0.4 percent, while the MSCI Asia ex-Japan index is up 0.6 percent. The dollar hovers near a one-week high against the yen, and looks set to tackle key resistance levels.
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