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Sri Lanka rupee gains after opening

Mar 29, 2012 (LBO) - Sri Lanka's rupee gained against the greenback Thursday to strengthening to as much as 128.

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25/50 rupees after opening at 129.

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30/40 levels, dealers said. The rupee also closed stronger Wednesday, at 129.

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30/40 levels after opening weaker at 129.

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80/130.00 rupees against the US dollar.

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Sri Lanka has upped interest rates to slow credit growth which was putting pressure on a dollar peg.