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Rupee Closes at Seven-Month High of 93.69 per Dollar

The rupee closed at 93.69 per US dollar, up 24 paise from 93.93. It tested an intraday high/low of 93.62/93.87.

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Buoyed by robust FPI inflows into the equity markets and a decline in crude oil prices, the Rupee closed Wednesday near a seven-month high.The Indian currency closed at 93.69 per US Dollar, up 24 paise over the previous close of 93.93. Intraday, it tested a high/low of 93.62/93.87.Crude oil decline…

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