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Indian Rupee Surges Up To 6-week High Against U.S. Dollar

7/3/2012 5:19 AM ET

The Indian rupee extended its early rally against the U.S. dollar in late afternoon deals on Tuesday. The rupee soared to a 6-week high of 54.685 against the greenback with 54.00 seen as the next near term upside target level. The greenback-rupee pair ended yesterday's deals at 55.435.

by RTT Staff Writer

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