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Recovering from its record low, the rupee inched higher by 9 paise to 78.23 against the US dollar in early morning trade on Thursday. At the interbank foreign exchange, the rupee opened at 78.26 against the American dollar, then inched higher to quote at 78.23, registering a rise of 9 paise from the previous close. On Wednesday, the rupee declined by 19 paise to settle at an all-time low of 78.32 against the US dollar.
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