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Rupee rises

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Capital Market

Ends at 55.52/53 per dollar

Rupee rose to near a one-week high on Monday, catching up to a global risk rally following improving U.S. jobs data, while a promise from the finance minister to unveil fiscal consolidation steps sparked cautious hope.

Rupee closed at 55.52/53 per dollar versus its previous close of 55.75/76. That was its biggest daily percentage rise since July 26.

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First Published: Aug 06 2012 | 5:58 PM IST

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