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Yield under 5% barrier, forex inflows continue

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Our Banking Bureau Mumbai
 The fall was largely driven by easy liquidity in the system, as reflected by the average daily repo of Rs 13,954 crore. The rupee ended the week stronger with gains of 0.09 percent to close at 45.34/35 per dollar even as the near term forward premiums continued to rule in the negative territory.

 The highest ever forex inflows were witnessed in recent times of over $2 billion, as India

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First Published: Oct 20 2003 | 12:00 AM IST

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