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The Economic Times
The Economic Times

Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

RBI United States US Dollar Sanjay Malhotra GDP Inflation

The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI investment in government securities.

Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the country's forex reserves provide sufficient buffer against external shocks.

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