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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis Friday, the Indian rupee ended lightly
falls and shows a weekly loss. The sustained demand for dollars from the
Share of businesses and on the non-deliverable futures (NDF) market
has erased the gains made thanks to the strong intervention of the bank
power plant.
The rupee closed at 89.85 per dollar,
slightly lower than the 89.7850 of the previous session.
The currency fell by 0.6% over the week, reversing
the trend after growing by more than 1% last week, when the
Central Bank intervened to support it in the face of record lows
histories.
Friday, the rupee is remained within a narrow range and avoided larger losses, supported by sales of dollars from public banks around 89.90, close to the lowest of the day, according to traders.
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