Rupee strengthens against dollar

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Chennai, June 6 (IANS) The Indian rupee on Monday strengthened by 37 paise against US dollar during the morning trade.

Opening at 66.91 to a US dollar, the Indian rupee reached a high of Rs 66.88 per US dollar.

On Friday, the rupee closed at Rs 67.25.

Experts are of the view that rupee would further strengthen against the US dollar intra-day in wake of poor US job data.

RBI’s reference rate is at Rs 66.96 per US dollar.



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