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Posted by
Two Blokes Jul 15 -
Filed in
Forex
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The Indian Rupee (INR) rebounds sharply against the US Dollar (USD) on Tuesday, sending the USD/INR pair lower to near 85.85 during the European trading session. The pair declines as the Indian Rupee trades firmly despite soft India's Consumer Price Index (CPI) data for June on year has prompted hopes of further monetary policy easing by the Reserve Bank of India (RBI) this year.
