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Indian Rupee Opens Higher Against Dollar at 96.22

The Indian rupee opened 10 paise higher against the US dollar at 96.22 on October 5. Softer oil prices and reduced bets on an October Federal Reserve rate hike eased pressure on the currency.

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The Indian rupee opened firmer against the US dollar on October 5, helped by softer oil prices and further trimming of bets on an October Federal Reserve rate hike, which eased pressure on the currency. 32. According to…