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Thursday 20 December 2018

Rupee rallies 69 paise, settles below 70-mark

The rupee strengthened further by 69 paise to close at 69.70 against the US dollar Thursday as the Fed raised the interest rate but lowered its projection for future hikes. This is the fourth straight session of gains for the rupee, during which it has rallied by a hefty 220 paise.

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