03:17 May 23, 2013  

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Other Markets - Foreign Exchange
Rupee rebounds
Published on Thu May 24, 2012 at 06:12 PM
Rupee posted its first gain against the dollar in four sessions on Thursday (24 May 2012), recovering from a new record low earlier in the session, after the central bank governor did not rule out selling dollars directly to oil importers.

Rupee closed at 55.65/66 per dollar after hitting a record low of 56.40 hit earlier in the session. It had closed at 55.9950/56.0050 on Wednesday.

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