Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment
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The Indian rupee fell against the US dollar at the start of Monday, influenced by the Reserve Bank of India's move to advance a deposit swap deadline. While the bank had previously drawn in substantial foreign currency, analysts predict temporary support for the rupee, though overall weakness is expected. Additionally, domestic stock markets recorded a drop early in the trading session. What's Your Reaction?
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