Business Standard

Psb $ Hoarding Saps Spot, Liquidity Hits Forwards

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BUSINESS STANDARD

Sustained dollar buying by a few large public sector banks (PSBs) weakened the spot rupee against the dollar today. At close, the rupee was at 48.7700 a dollar, down from 48.7450 yesterday. Exporters

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First Published: Mar 23 2002 | 12:00 AM IST

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