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Posted by
Two Blokes Jun 6 -
Filed in
Forex
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The Indian Rupee (INR) strengthens slightly against the United States Dollar (USD) on Friday, despite a surprise 50-basis-point (bps) interest-rate cut by the Reserve Bank of India (RBI). The rate trim, which exceeded market expectations, briefly overshadowed a resilient Greenback ahead of the US Nonfarm Payrolls data.