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Rupee rises 2 paise to 83.97 in early trade

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The rupee edged up by 2 paise to 83.97 against the US dollar due to a weaker greenback and lower crude oil prices. Forex reserves hit a record of USD 704.88 billion, while domestic equity indices Sensex and Nifty also posted gains, despite FIIs outflows and Middle East tensions limiting larger advances.

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