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Posted by
Two Blokes Jun 5 -
Filed in
Forex
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The Indian Rupee is back under pressure on today, with USD/INR climbing toward 85.77 as renewed US Dollar demand and foreign equity outflows weigh on the local currency. The pair has extended its recovery after bouncing off 85.00, now trading just below a key resistance zone ahead of Friday's Reserve Bank of India (RBI) rate decision.
