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Rupee Bound Northward

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BUSINESS STANDARD

The rupee is likely to continue its appreciating trend and will move in a range of 48.75-48.85 this week, dealers said.

This is despite the war clouds in the Middle East. In fact, as the war fears escalate the flow of funds from the Gulf region increases to add to the strength of the rupee.

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First Published: Feb 03 2003 | 12:00 AM IST

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