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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Rupee rises 20 paise
November, 09th 2009

Extending its gains for the fourth straight day, the rupee strengthened by 20 paise in early trade today at 46.60 against the US dollar on expectations of more capital inflows into domestic equities that may open higher in tandem with other Asian markets.

Dollar's weakness against other currencies also supported the rupee.

At the Interbank Foreign Exchange (Forex) market, the local unit strengthened by 20 paise to 46.60. The Indian rupee ended 22 paise higher at 46.80/81 in the previous session on Friday.

Forex dealers said expectations of continued inflow of foreign funds into local bourses that may open in the positive zone tracking other Asian markets pushed up rupee's demand.

Hong Kong's stock exchange Hang Seng opened firm by 1.10 per cent.

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