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Posted by
Two Blokes Apr 15 -
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Forex
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The Indian Rupee strengthens against the US Dollar, with USD/INR declining over 0.30% to trade around 85.80 during early European hours on Tuesday. The pair remained under pressure following the release of India's Wholesale Price Index (WPI) inflation data, which eased to 2.05% year-on-year, a four-month low in March due to a slower rise in food prices, from 2.38% in February—below the 2.5% forecast in a Reuters poll.