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Rupee rises on reforms hopes

Chinese GDP data grows slightly above expectations, helps rupee

Reuters

The rupee is trading at 61.30 versus Monday's close of 61.36/37.

China's economy grew 7.3% in July-September, slightly above expectations of 7.2%.

Government on Monday promised to open up the coal industry to private players, raising hopes of more reforms.

The Nifty is up 0.34%.

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First Published: Oct 21 2014 | 9:38 AM IST

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