Rupee continues to recover, opens 30 paise higher against US dollar

The rupee on Monday opened 30 paise higher at 68.57 against the US dollar. The domestic unit on Friday staged a mild recovery from a record closing low. It edged up 8 paise to end at 68.87, largely tracking gains in key Asian units amid weak dollar tone overseas. The Indian rupee hits a record closing low of 68.95 on Thursday following a panic demand for the US dollar coupled with savage capital flight worries.

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