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The Indian rupee is underperforming among emerging Asian currencies due to the Reserve Bank of India's (RBI) strategy to bolster its foreign-exchange reserves. The RBI's dollar purchases to cover future obligations and replenish reserves are expected to exert downward pressure on the rupee, potentially leading to a depreciation to 86.50-87.50 per dollar by year-end.
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News and Media
The comments come after Trump said on Friday that China had "totally violated its agreement with us".
Category:
News and Media
The comments come after Trump said on Friday that China had "totally violated its agreement with us".
Category:
News and Media
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