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Rupee ups 11 paise against dollars

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The rupee appreciated by 11 paise to 66.20 against the US dollar in early trade on Friday on increased selling of the American currency by exporters.

Besides, weakness in dollar against other currencies overseas ahead of the US retail data supported the domestic unit, forex dealers said.

They, however, said a lower opening of the domestic equity markets, disappointing IIP numbers and rising retail inflation, capped the rupee’s gain.

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