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Rupee rises to 55.53 against US dollar

Heavy computer-based trading caused a rush of orders for dozens of stocks, ranging from well-known bellwethers like General Electric to tiny Wizzard Software Corp, whose shares soared to $14.76 after closing the previous day at $3.50. The NYSE has cancele

A Dreamliner in Air India colours at an airport in Washington
A Dreamliner in Air India colours at an airport in Washington
The Indian rupee rose to 55.53/54 compared to its 55.6450/6550 previous close on the back of dollar selling from custodian banks, while greenback demand from oil importers fizzles out at the start of a new month.
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