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Thursday March 28, 2024

Rupee steadies

By our correspondents
August 24, 2016

The rupee on Tuesday held almost all the present levels against the US dollar in the interbank market. The rupee rose three paisas to close at 104.80 to the greenback compared with the Monday’s close of 104.83.

The currency market didn’t react positively to the approval of $800 million in loan by the Asian Development Bank.   The market is expected to ease off from its current rising level, but the political unrest might impact it.