Rupee rises as oil slips from six-month high

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Mumbai: The Indian rupee strengthened moderately to close at 94.74 on Monday, from 94.90 the previous day as oil prices declined from six month peaks, and ahead of the US midterm elections.

ET Bureau

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The currency traded in the range of 94.88 and 94.60 on Monday, as Brent crude oil futures retreated further to $104 per barrel during Asia trading hours.

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