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The Indian rupee strengthened in early trading on Friday, extending its recovery above the 90 per dollar mark as traders largely steered clear of targeted bets on the currency ahead of a closely watched policy outcome from the central bank. The rupee stood at 89.7250 at 9:25 AM IST, up 0.3% from its previous close. […]
The rupee recovered from its all-time low to rise 19 paise to 89.96 against the US dollar on Thursday, following weakness in the US dollar index and reports of the Reserve Bank of India’s supposed intervention.Forex traders said the dollar fell after ADP non-farm payrolls data came in sharply below expectations, and softness in the […]
