Rupee Expected to Gain Sharply Amid RBI Measures, Forex Liquidity May Tighten

Rupee Expected to Gain Sharply Amid RBI Measures, Forex Liquidity May Tighten

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Following recent measures by the Reserve Bank of India, forex dealers anticipate a significant appreciation of the rupee against the dollar. However, this gain may coincide with a reduction in forex liquidity, potentially creating a gap in the exchange rate.

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Originally published by gnews