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Rupee likely to depreciate amid rise in crude oil prices; USDINR pair to trade in this range

The Indian Rupee is expected to depreciate on Thursday amid a rise in crude oil prices. Further, investors will keep an eye on macroeconomic data from the US to get a clear view on the US dollar index. “US$INR (August) is likely to trade in a range of 79.50-79.70,” said ICICIDirect. In the previous session, …

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