Monday, September 16, 2013

 The Indian rupee pared its early gains but was still quoted higher by 76 paise to 62.72 per dollar in late morning deals on Monday on selling of the US currency by banks and exporters.

 The local currency resumed lower at 63.70 per dollar as against the last weekend’s level of 63.48 at the Forex market. However, it recovered afterwards to 62.50 before quoting 62.72 per dollar at 1040 hours (IST). It moved in a range of 62.50 and 63.70 per dollar during the morning deals. 



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