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Indian Rupee: Lower oil and inflows support INR against US Dollar – OCBC

OCBC’s Christopher Wong and Sim Moh Siong highlight that the Reserve Bank of India's (RBI) decision to hold the repo rate at 5.25% while lowering inflation forecasts and nudging growth higher, alongside strong capital inflows, has put India’s balance of payments on track for a healthy surplus.

Indian Rupee: Lower oil and inflows support INR against US Dollar – OCBC

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