The Indian Rupee is expected to see a continued recovery amid weakness in the US dollar. Sharp pull back in the dollar supported the Indian rupee to appreciate by 47 paise to close at 82.41 (provisional) against the US dollar on Friday. On Thursday, the rupee had closed 8 paise lower at 82.88. The US dollar index saw a heavy fall on Friday, tanking around 2% on the day and triggering excellent risk appetite. Powered by Commodity Insights
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