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The Indian rupee is likely to open higher on Friday, supported by a modest rise in Asian peers and expectations that the central bank would resist further weakness in the currency. The 1-month non-deliverable forward (NDF) indicated that the rupee will open at 88.55-88.66, after declining 0.6% on Thursday to settle at 88.6950.
short by / 09:03 am on 31 Oct
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