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Rupee trades higher at 64.33 against US dollar, gains 10 paise

Indian  Rupee Update

The Indian rupee was trading at 64.33 against the US dollar on Monday, up 10 paise or 0.16 percent from Friday's closing level.

The dollar nursed losses, coming close to a seven-month low against a currency basket plumbed after disappointing US employment data prompted investors to pare back their expectations of future US Federal Reserve rate hikes.

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