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You are Here : Negative on India; every bounce will induce sell-off: Citi

Friday, 10:10

The Indian currency, which hit a life time low of 59.93/USD recently is likely to remain under pressure in the near-term. With this weakness in rupee, the possibility of a rate cut by the Reserve Bank of India (RBI) has reduced, says Mohammed Apabhai, Asia Pacific Trading Strategies Group of Citi.
OCT 21, 2017
10:39 AM

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