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14/07/2023 11:39:48 AM | Source: Accord Fintech
Rupee trades flat against US dollar on Friday
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Indian rupee was trading flat against the US dollar on Friday. Meanwhile, weaker American currency overseas, firm domestic equities, foreign fund inflows into capital markets, and the possibility of the US Federal Reserve pausing its monetary tightening policy, strengthened rupee sentiments. Foreign institutional investors (FIIs) emerged as net buyers in the capital markets on Thursday as they bought shares worth Rs 2,237.93 crore, exchange data showed. 

The partially convertible currency is currently trading flat at its previous close of 82.08 on Thursday. The currency touched a high and low of 82.09 and 81.92 respectively.

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