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Published 12:03 IST, September 27th 2024
Rupee tad lower pressed by oil firms’ dollar bids; forward premiums slip
Consistent dollar demand from local oil companies has contributed to keeping the rupee on the weaker side, a foreign exchange trader at a state-run bank said.
Dollar-rupee far forward premiums slipped, with the 1-year implied yield down 4 basis points | Image:
Pexels
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12:03 IST, September 27th 2024