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Below is the Views Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency,Emkay Global Financial Services
“Rupee has been trading in a broad range of 70.75 - 71.10 this week. Globally Sentiment improved after US-China signed the Phase 1 trade deal, however worries over slowing growth, rising inflation and fiscal slippage locally restricted the gains in rupee. Going forward rupees is expected to continue trading in a range of 70.65 - 71.30 with a negative bias”.
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