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Rupee gains for third session

Rupee extends gains for a third session. Pair at 53.68-69 versus 53.71-72 Friday close. Foreign funds continue to be big buyers of India stocks, having poured in USD 2.45 billion already in January.

January 21, 2013 / 11:53 IST
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Rupee extends gains for a third session. Pair at 53.68-69 versus 53.71-72 Friday close.


Foreign funds continue to be big buyers of India stocks, having poured in USD 2.45 billion already in January.
Dealer adds some dollar buying may come in at lower levels with 53.55-53.85 range for session. Rupee seen between 53.50-53.90/USD: Agam Gupta
Pair has important initial support at 53.60, which is 50 percent retracement of a 51.31-55.89 move and a former major reaction low on November 2.
first published: Jan 21, 2013 09:46 am

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