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Rupee rises 31 paise to 69.39 against US dollar in early trade

Updated : June 03, 2019 09:58 AM IST

Forex dealers said the local currency gained strength ahead of the Reserve Bank of India's monetary policy meet. The Monetary Policy Committee (MPC), which decides on key interest rates, will hold a meeting on June 3, 4 and 6.
The rupee opened strong at 69.48 at the interbank forex market then gained further ground and touched 69.39 amid a positive opening in domestic equities, displaying gains of 31 paise over its last close.
Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 676.15 crore on a net basis Friday, provisional exchange data showed.
Rupee rises 31 paise to 69.39 against US dollar in early trade
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