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Market Report

BUSINESS STANDARD

Forex market

Market Sentiment: Bullish

  • The rupee ended nearly unchanged at 47.4000/4050 as state-owned banks bought dollars.
  • The six-month forward premium closed at 2.92 per cent.
  • Outlook

    Bunched-up dollar supplies will see the rupee hover in the 47.36-47.40 band per dollar on Monday.

     

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    First Published: Apr 05 2003 | 12:00 AM IST

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