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  • overnight indexed swap, reserve bank of india, dollar gains momentum against rupee usd rs 52 85, Market outlook

    Dollar gains momentum against rupee, USD= Rs.52.85 2011-12-13 09:56:35

    The US dollar gained momentum and gained over its Indian counterpart and an average importer has to now pay roughly 53 rupees to procure a dollar. The surging dollar rate would be the biggest worry for the Reserve Bank of...

    Keywords: market outlook, Inflation, Cash reserve ratio, Cash reserve ratio

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