The rupee continued its winning streak against the dollar by opening higher at 53.44 on sustained dollar selling by exporters and banks. At 1 pm local time, the local unit was trading at over a four-month high of 53.31. In the morning trade, the rupee touched a high of 53.05. The Government’s holding fort on 'reform' measures initiated by it about a fortnight ago seems to have buoyed the sentiment. Also, the dollar has depreciated a tad against major currencies including the euro.

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