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Is the worst of the rupee panic over?

As the RBI hinted that at the present scenario the reserves cannot be wasted, the market in all probability interpreted it as the RBI will come up with a slightly greater resolve, said CNBC-TV18's Latha Venkatesh. Now, there are chances of further speculative selling of the rupee or buying of dollars will not happen immediately, she expects.

first published: Nov 22, 2011 06:05 pm

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