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OMCs back in foreign exchange market? Spike in $ demand raises buzz
MUMBAI: The rupee closed at 95.4 against the dollar, down 15 paise from its previous close of 95.25 in the foreign exchange market, with renewed demand for dollars spurring speculation over the return of oil marketing companies (OMCs) to the forex market.
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timesofindia.indiatimes.com
OMCs back in foreign exchange market? Spike in $ demand raises buzz
MUMBAI: The rupee closed at 95.4 against the dollar, down 15 paise from its previous close of 95.25 in the foreign exchange market, with renewed demand for dollars spurring…
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economictimes.indiatimes.com
Cheaper oil, RBI support fail to lift rupee amid dollar demand
The Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign banks, oil firms, and investor outflows…
