Rupee Slips But State-Run Banks’ Dollar Sales Cushion Decline

The Indian rupee was on the defensive again on Friday, echoing price action seen during much of the week on tepid risk appetite, while dollar sales from state-run banks helped it hold above its all-time low of 88.80 per dollar.The rupee weakened 0.1% to 88.6850 as of 10:00 a.m. I

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