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Rupee likely to depreciate this week, may cross 80 per dollar again; crude price decline to elevate pressure

By Raj Deepak Singh Rupee traded flat in the week despite strong US dollar and weak inflation data from the India. The relative resilience was seen due to persistent foreign funds inflows in domestic equities and drop in crude oil prices. Dollar index edged higher as minutes from the Federal Reserve’s July meeting showed, that …

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