October 6, 2009 10:36 AM

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Rupee rises 26 paise in opening trade

The Indian rupee strengthened by 26 paise to hit a four-month high in opening trade today. At the Interbank Foreign Exchange (Forex) market, the domestic unit was quoted at 47.25 a US dollar, a level not seen since June 5. Dealers said increased dollar selling by exporters supported the rupee.

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