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Rupee rises, tracking higher Asian currencies

A streetside restaurant owner keeps money received from a customer in Mumbai December 5, 2013. REUTERS/Danish Siddiqui/Files

Reuters Market Eye - The rupee trades at 61.055 compared with previous close of 61.215/225. Asian currencies gain after flood of soft economic data sparks hopes of continued stimulus from central banks.

The Nifty is up 0.4 percent, heading for fourth consecutive day of gains.

USD/INR down 0.12 percent for the week, marking second consecutive week of mild falls.

(reporting by Gaurav Pai)