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Publish date: Mon, 02 Jan 2012, 08:17 PM
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The Sgx nifty is higher by 10 points. These factors point to a positive opening for the rupee. On the Economic front, no major economic releases are there. We could expect the rupee to open slightly higher taking cues from stronger equities and a slight fall in the Dollar. But the demand for dollars from oil importers could limit the rupee's gains. The range for the day is seen between 52.95- 53.50.
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