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Rupee trading band: 52.80-53.40/$

PUBLISHED ON: February 4, 2013 | Duration: 3 min, 50 sec

   
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Ashok Gautam of Axis Bank says the rupee broke 53/$ in intra-day trade on Monday (February 4), helped by strong dollar inflows, adding that the Indian currency may hold on to the gains only if the positive sentiment holds, and that 52.80 and 52.20 are important technical levels to watch.
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