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Thursday, November 24, 2011

Rupee snaps 8-session slide; outlook remains bleak

Rupee snaps 8-session slide; outlook remains bleak The rupee snapped an eight-session losing streak on Thursday, supported by dollar sales from corporates and some probable rollback of long-dollar positions, a day after the RBI took some steps to boost dollar supplies. Market talk that the Reserve Bank ... Rupee snaps 8-session slide; outlook remains bleak

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