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Rupee continues to trade higher; share gains aid

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Reuters

Reuters Market Eye - The rupee is trading at 61.23/24 versus its Tuesday's close of 61.31/32.

Gains in the domestic share market help the Indian unit.

The Nifty rises 0.8 percent.

Traders expect ranged trading to continue in the holiday-shortened trading week.

Markets to remain closed on Thursday and Friday on account of Diwali.

Most other Asian currencies also trading stronger compared to the dollar.

(Reporting by Swati Bhat)

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First Published: Oct 22 2014 | 3:24 PM IST

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