The rupee on August 7 closed at 42.07/08 against the greenback, as selling by investors in the equities market washed away the nearly 0.19 paise gains notched by the Indian unit.In fairly active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit resumed higher at 41.96/97 a dollar from previous close of 42.07/08.It touched a high of 41.88 initially.
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