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Rupee likely to depreciate amid strong dollar, elevated crude prices; USDINR pair to trade in this range

The Indian Rupee is likely to remain under pressure amid risk aversion in equity markets, rising crude prices and strength in US dollar. The USDINR spot price is expected to trade in a range of Rs 79.20 to Rs 80.50 in next couple of sessions, according to analysts. Today, focus will be on the preliminary …

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