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Epic Update: Indian rupee

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Epic Update: Indian rupee Empty Epic Update: Indian rupee

Post  Admin Fri Nov 23, 2012 5:00 pm

Indian rupee opened almost flat and then slipped below previous closing level for fourth day in a row against dollar tracking steady euro and flat domestic equity markets. Continued demand for dollar from importers also pressurized local unit to an extent. Meanwhile, euro hovered near the previous day’s three-week high, amid expectations that international lenders will soon reach a deal to release the next tranche of aid for Greece. Moreover,



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