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Rupee trading near one-week high

Rupee trading near one-week high

The rupee is trading at 54.47/48 after hitting 54.4625, its highest since April 3. The pair is seen moving in the 54.30 to 54.60 range during the session.

Traders said gains in regional share and currency markets are hurting the dollar. All Asian currencies are trading stronger compared to the dollar.

The Indian currency gained 25 paise to end at 54.56 against the dollar on Monday.