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Local Unit Solid Prior to Afternoon Trade

rupeeNew Delhi, Monday, January 12 – The local unit was changing hands being robust by 16 paise at 62.16 mark in opposition to the American currency at the Interbank Foreign Exchange market a tad prior to the afternoon trade as a result of huge offloading of the greenback by exporters along with fragility in the dollar index out of the country.

The Indian rupee floated between 62.09 and 62.19 in the deal observed early on the first working day of this week post being 18 paise up at the start at 62.14 per dollar vs. the earlier close of 62.32. Here is to mention that it mounted by 35 paise on the final trading day of the previous week.

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