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Rupee breaches critical mark, Reliance Capital acquisition, and CoD issuances surge

Rupee breaches critical mark, Reliance Capital acquisition, and CoD issuances surge

Last Updated: Dec 20 2024 | 8:22 PM IST
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This week, the rupee crossed the critical 85-per-dollar mark after the US Federal Reserve signaled a cautious stance on interest rate cuts. The rupee is expected to stabilise around 85.5 by March, influenced by RBI's interventions, import cover, and market dynamics.

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