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Weekly Currencies Fundamental Report – 11 August 2023

19 August 20231 min read by Angel One
Weekly Currencies Fundamental Report – 11 August 2023
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USDINR: In the initial few days of the last week, the Indian Rupee traded with a stronger bias on account of huge influx of IPO related funds into the system. The Reserve Bank of India has possibly been selling dollars to prevent the rupee from weakening below what is regarded a highly important level.

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