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MC:Rupee pares gains on negative shares, oil cos $ buys
 
* Persistent demand for dollars from local oil refiners for import payments also dragged the rupee, traders said.
* At 1:28 pm, the partially convertible rupee was at 45.41/42 per dollar, after rising as high as 45.25 in opening trades. It had closed at 45.4050/4150 on Thursday.
To convert USD to INR, click here http://www.moneycontrol.com/mccode/currencies/
* The euro was at USD 1.4196 after touching a high of USD 1.4241 earlier. It had been USD 1.4122 at end of domestic currency market on Thursday.
* The index of the dollar against six major currencies was at 74.719 points from 74.982 points previously.
* The benchmark local share index was down nearly 1.4% after opening 1% higher as stronger-than-expected factory output data sparked fears of further monetary tightening from the RBI due to sticky inflation.
* India's industrial output growth jumped 8.8% in June versus Reuters poll estimate of 5.5% rise.
Source