USDINR
On Thursday, The Domestic Unit (Rupee) likely to start the session with a firm note between 74.15 – 74.25 levels as the greenback fell after U.S. inflation data showed consumer price increases eased in July, taking some pressure off the Federal Reserve to begin scaling back the monthly bond purchases that are part of its toolbox to support the economic recovery.
Veteran investor Mark Mobius “India, the United States and parts of other emerging markets have seen fund inflows redirected from China as recent regulatory crackdowns in the world's second-biggest economy have spooked markets”.
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