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Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices

The rupee has weakened by more than 0.8% so far in the current fiscal year. On Monday, the one-month forward premium on the rupee stood at 3.17%, whereas the one-year forward premium was 2.83%.

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Times of IndiaLean R·2h ago
Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices
The rupee has weakened by more than 0.8% so far in the current fiscal year. On Monday, the one-month forward premium on the rupee stood at 3.17%, whereas the one-year forward premium was 2.83%.
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Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices

How 1 sources are covering this

Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices

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