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See rupee in 52.75-53.5 range in near-term: IDBI Bank

The Reserve Bank of India has asked exporters to convert 50% of their dollars held in Exchange Earner's Foreign Currency (EEFC) accounts into rupee. NS Venkatesh, chief general manager and head treasury of IDBI Bank says, it is a welcome step.

first published: May 10, 2012 12:14 pm

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