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From The Tribune

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Rupee hits 1-month high after RBI tightens forex rules to curb dollar demand

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The rupee reached a one-month peak on Tuesday after the Reserve Bank of India (RBI) strengthened foreign-exchange regulations to reduce dollar demand. It reached 95.0725 against the USD in initial trading before retreating to 95.25, an increase of 0.5 per cent. The rebound comes after a set of…

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