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Rupee Closes Weaker Against The US Dollar After One-Day Rise

However, strong data points and expectations of lower borrowing costs for debt refinancing have left markets cautious ahead of the Jan. 28–29 Federal Reserve meeting, he added. “Moreover, trade tensions have eased slightly, with Trump announcing a 10% tariff on Chinese goods starting February…

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Rupee ends weaker tracking regional peers, foreign banks’ dollar bids