The rupee today appreciated by 37 paise to close at more-than one-week high of 52.50/51 against the dollar following a sharp rebound in local equities.
Fresh dollar selling by exporters and some banks amid some weakness in dollar overseas also aided the rupee rise.
At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed firm at 52.70/71 a dollar from last close of 52.87/88.
From: http://ping.fm/p6M8I
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