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Rupee gains further


MUMBAI: The rupee rallied for the second consecutive day and on Friday closed at 44.2150/2250 against the dollar, up by another 12 paise over the last close of 44.3350/3450 following heavy exporter dollar sales.

The local currency fluctuated in a wide range of 44.2150 and 44.3600 but surprisingly, discounted its correlation with the equity market.

— PTI

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