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Rupee gains marginally on strong equities
INR
83.291 | United States Dollar |
The currency was trading at 55.35 to the dollar, up 1 paise over Friday's close. The currency is expected to strengthen on the back of strong foreign fund flows, should investment in risky assets, particularly equities make a strong comeback.
Meanwhile, equities were trading higher for a third successive trading session, following a bond buying programme announced by the European Central Bank last week.
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