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Rupee snaps six-day slide, settles at 89.98 vs dollar

contact@dailyupdatesindia.com3 months ago01 mins

MUMBAI: The rupee closed at 89.98 a day after breaching the 90 mark against the greenback. Dollar sales by foreign banks and likely inflows halted a six-session decline in the domestic currency.The rupee hit 90.42 intraday before closing higher. Wider trade deficits, weak investment flows and stalled US trade talks have slowed inflows and pushed…

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