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Indian rupee lags behind Asian friends as overseas banks’ greenback bids weigh, ETCFO
The Indian rupee closed almost flat on Wednesday, trailing behind its Asian friends because the affect of a weaker U.S. greenback was blunted by sturdy demand for the buck from overseas banks, possible on behalf of custodial shoppers. The rupee closed at 85.6375 per greenback, in comparison with its earlier shut at 85.6350. Different Asian…