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    Rupee hits 60.92/$, highest in over two months

    The rupee fell below the 61 per USD mark on Friday. It hit 60.92/USD, its highest in more than two months on the back of broad losses in the greenback versus major currencies.
    October 18, 2013 / 12:12 IST

    The rupee extended its gains to the highest in more than two months on Friday, breaching the psychological 61 per dollar mark, as broad losses in the greenback versus major currencies and gains in the domestic share markets aided.

    Also read: Taper talk could worsen the dollar rout

    The partially convertible rupee was at 60.94/95 per dollar at 1008 IST (0438 GMT), after hitting 60.92, its strongest since August 18 and higher than its close of 61.23/24 on Thursday.

    The index of the dollar against six major currencies was up 0.1 percent, while BSE Sensex was up 1.2 percent.

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