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Май
2024

Rupee lingers close to near one-month high, forward premiums slip

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Indian rupee at 83.3250 vs U.S. dollar, near 1-month high, faces hurdles from importer demand. Traders wary of equity outflows. Dollar index at 104.6. Korean won falls. U.S. bond yields rise. Fed cautious on inflation, hints at rate cuts by 2024.














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