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阿拉爱上海

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

The rupee is expected to depreciate on Friday amid a rise in crude oil prices. Further, investors will closely watch forex reserves data from India for more clarity. “US$INR (August) is likely to trade in a range of 79.60-79.80,” said ICICIDirect. In the previous session, rupee depreciated 19 paise against the US dollar, following the …

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