The Indian rupee on Friday appreciated by 21 paise to 49.46 against the greenback following dollar selling by state-run banks.
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At the Interbank Foreign Exchange (Forex) market, the Indian currency, which closed at 49.67/68 on Wednesday, moved up by 21 paise to 49.46 against the US dollar.
The Forex market was closed on Thursday on account of 'Bhai Dooj'.