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Staging a smart recovery after Monday’s plunge, the rupee on Tuesday rebounded by 11 paise to close at 64.33 to a dollar on easing retail inflation.
However, weak global sentiment amid fears of an imminent US central bank rate hike along with disappointing IIP numbers caused some discomfort for the rupee and restricted the gains.
Lacklustre local equities along with modest capital outflows too weighed on the currency trade.
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