The rupee descended from 1-month lows as dealers refered to dollar pitching by two outside banks.
The pair stood at 54.28/29, with an intraday towering of 54.44, versus its past close at 54.22/23.
Dealers refered to some dollar offering by exporters profiting from the rupee at such lows.
The pair, at present at 54.1374, broke above its 100-day moving normal on Friday.
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