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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
 Against dollar in 2010, Rupee fails to match Asian peers’ surge
 Rupee at over 1-week low tracking euro, shares
 Rupee weakens tracking dollar rise; shares eyed

Rupee up by 4 paise against dollar in early trade
January, 18th 2011

The rupee strengthened by 4 paise to Rs 45.48 against the US dollar in early trade at the Interbank Foreign Exchange today.

Dealers said a firm opening in the equity markets supported the rupee sentiment. Besides, dollar weakness against other Asian currencies and the euro overseas also supported the rupee.

The Bombay Stock Exchange benchmark Sensex rose by 152.11 points to 19,034.36 in early trade.

The rupee had ended at a seven-week low of 45.52/53 a dollar in the previous session.

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