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Pressure on Indian rupee lessening, may gain 52-level Vs $ in 12months

  Mumbai:24.07.2013:Nibedita (O.B Bureau)The pressure on rupee is lessening with easing of inflation and improving growth trends and the local currency could appreciate to about 52 levels to the dollar in the next 12 months, a report by Goldman Sachs said today. “The rupee has been under pressure since mid-2011 due to weak economic fundamentals. Looking forward, we believe the ... Read More »

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