July 15, 2011 11:15 AM

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Rupee appreciates marginally by 1 paise against US dollar

The Indian rupee appreciated marginally by 1 paise to 44.48 rupees per US dollar in opening trade. The rupee had closed at 44.49 rupees against the US dollar in the previous session.Forex dealers said the higher opening in the stock market mainly helped in appreciation of rupee, but euro weakness against the American currency overseas capped the gains.

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