
View: Rupee may hit 72.50 level in the short term
Wednesday, February 26, 2020, 8:56 AM
The rupee after consolidating in a narrow range came under pressure in the last couple of sessions, as the coronavirus outbreak is likely to darken the outlook of the global economy. RBI's forex reserve for the week ended February 14, rose by another $3.09-billion to $476.09-billion. Losses in the rupee have remained capped as FIIs continued to pour funds into equity and debt segments.
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