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Rupee rises 10 paise to close at 83.87 against US dollar

Forex traders said the market is awaiting cues from the US GDP and the US Personal Consumption Expenditure (PCE) inflation data, as this data point is crucial since it could sway the Federal Reserve's decision on whether to implement a 25 or 50 basis point rate cut at its September meeting.
Last Updated : 29 August 2024, 11:44 IST
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Published 29 August 2024, 11:44 IST

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