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Rafa Mir

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Breaking News

Rupee Rebounds 151 Paise After RBI Caps Banks' Forex Positions

10:44

The Indian rupee surged 151 paise to 93.19 against the US dollar in early trading on Thursday, following an RBI circular that caps banks' net open positions at $100 million. The recovery comes after the currency hit a record low of 94.84 last week.