Business Standard

Portfolio Inflows Set To Keep Spot On Steady Footing

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BUSINESS STANDARD

The spot rupee is expected to remain between 48.65 and 48.85 against the US dollar this week. Dealers said the supply of dollars from foreign funds will continue, but there is a possibility that the Reserve Bank of India (RBI) will resort to dollar purchases through public sector banks.

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First Published: Mar 11 2002 | 12:00 AM IST

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