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Indian Rupee: Range-Bound With RBI Support Against US Dollar – Commerzbank
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Indian Rupee: Range-Bound With RBI Support Against US Dollar – Commerzbank
BitcoinWorld Indian Rupee: Range-Bound With RBI Support Against US Dollar – Commerzbank Commerzbank analysts expect the Indian rupee to remain range-bound against the US dollar, supported by the Reserve Bank of India’s (RBI) active intervention in the foreign exchange market. The bank’s assessment, as of this week, points to a currency that is likely to trade within a defined band rather than appreciate or depreciate sharply. What’s Driving the…
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