USDINR trading range for the day is 71.2-72.34.
Rupee gained as U.S. Federal Reserve’s new-found concern on the global economy undermined the dollar.
Rupee also seen supported on selling by foreign banks and exporters amid likely overseas fund inflows into local stocks.
A RBI board meeting began with investors waiting to see if central bank and government policymakers could bridge differences over several key issues.
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