The dollar rally in India you can say has started early. Or rather the INR has started losing its value earlier.
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The expected values are as written. It might happen the dollar falls
for a little while again, but 43.858, has pretty much been established
as the floor. The dollar index also appears to be marking its time,
before a rally (see our other post). The INR it appears has started
giving ground, before other major currencies have. |
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