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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 strengthened by 7 paise against dollar
January, 19th 2011

The rupee strengthened by 7 paise to Rs 45.35 a dollar in early trade today on weakness in the US currency against major world currencies.

Dealers said a higher opening in the stock markets also aided the rupee sentiment.

The rupee ended 10 paise higher at Rs 45.42/43 a dollar in the previous session following smart rally in equities and a sluggish dollar overseas.

Meanwhile, the Bombay Stock Exchange benchmark Sensex rose by 75.39 points, or 0.39 per cent, to 19,167.06 points in the opening trade today.

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