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Rupee up, but most Asia forex turns lower as US yields rise
Firstpost SINGAPORE (Reuters) – The Indian rupee gained on Thursday, while most emerging Asian currencies turned lower as U.S. Treasury yields rose amid increasing expectations that the Federal Reserve may start dialling down its stimulus as soon as this month. Under Rajan, prospects brighten up for better forex inflows Can the New RBI Governor Save India? Reserve Bank of India Incoming Chief Says Economy “Fundamentally Sound” |