The rupee today gained 12 paise against the US dollar to close at 51.40, the highest level this month, mainly due to the rise in the stock market indices over the last two trading sessions. The greenback weakened against most other currencies too across the globe.
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According to Bloomberg data, the Indian currency opened stronger against the dollar at 51.34, as against last week’s close of 51.52, on news that foreign institutional investors (FIIs) were net buyers on Friday.
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