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Good if rupee weakens to 65-65.5/USD on yuan dip: Stanchart

The weakening of the yuan has both positive and negative implications for India, Narayan says, adding that a depreciation in the rupee to 65-65.5 to the dollar would be great news as the Indian currency is overvalued.

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65.0 65.50

Good if rupee weakens to 65-65.5/USD on yuan dip: Stanchart