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Nomura retains negative view on Indian rupee despite JPMorgan index inclusion

Nomura retains negative view on Indian rupee despite JPMorgan index inclusion The rupee had climbed to near 82.80 against the U.S. dollar following JPMorgan#39;s decision to include India in its flagship emerging market index, but it could not sustain the rally and was currently slightly weaker than what it was before the inclusion at 83.1125.

from Moneycontrol Business News https://ift.tt/A5V31bg
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