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    Rupee gains 55 paise to close at 91.6/$ as RBI intervenes

    2 hours ago

    The rupee strengthened by 55 paise to close at Rs 91.6 per dollar on Thursday, recovering from a record low. The Reserve Bank of India intervened through state-run banks in both non-deliverable forward and spot markets to support the domestic unit. Sentiment improved marginally on reports of Iran's conditional willingness to abandon its nuclear program.
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