The rupee increased by 11 paise against the dollar on July 10 mainly due to heavy selling of dollars by big corporate houses. The domestic currency opened at 43.16/18 and reached an intra day low of 43.25. It closed at 43, against the previous close of 43.11/12. In the forward market, the 6-month premium closed higher at 4.68 per cent (4.16) and the 12-month ended at 4.05 per cent (3.67).
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