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Rupee rises 7 paise to 85.55 against dollar

Millennium Post Kolkata

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Kolkata 04 July 2025

The rupee pared initial losses and edged up 7 paise to close at 85.55 against the US dollar on Thursday, following a weak greenback against major crosses overseas and a decline in US treasury yields.

NEW DELHI:

Forex traders said the dollar declined on weaker-than-expected ADP Non-Farm Employment data from the US.

A decline in global crude oil prices also supported the local unit, they added.

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