Rupee managed to close higher Thursday mainly after exporters sold dollars to take profit.
At close, the partially convertible rupee was seen trading at 47.19 per dollar, off a day's low of 47.60 per dollar and higher than Wednesday’s close of 47.34 per dollar.
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Earlier, the local unit opened lower for the second day in succession, owing to dollar’s better performance against major currencies abroad and weak regional and local stocks.