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Indian rupee starts stronger; data awaited for further cues

The factory output data and the consumer price inflation data, due around 11 am, will be key for helping investors cement views about the central bank's monetary policy review on Monday.

June 12, 2013 / 09:47 IST

The rupee opened stronger on Wednesday tracking gains in most other Asian currencies, but domestic data due later in the day will be key for further direction.

Also read: India unhappy, but unshaken by rupee's plunge to record low


At 9:01 a.m. (0331 GMT), the partially convertible rupee was at 58.15/18 per dollar, compared to its close of 58.39/40.


The factory output data and the consumer price inflation data, due around 11 am, will be key for helping investors cement views about the central bank's monetary policy review on Monday.

first published: Jun 12, 2013 09:35 am

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