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Views on Rupee movement post RBI Monetary Policy - Mr. Hitesh Jain, Strategist, Institutional Equities Research YES SECURITIES INDIA LIMITED

“Indian Rupee had a muted response to the outcome of the RBI policy meeting given that a status quo on policy rate and stance was quite expected. Nevertheless, we have a positive bias on Indian rupee going forward amid massive upgrade in FY24 GDP growth projections and resumption of FII flows in capital markets.”

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