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US-Dollar Vs Indian Rupee – with FII Inflow

October 18, 2007

Here is a chart which explains the co-relation between the rise of rupee and the rush of USD into the Indian market via Promissory Notes or directly via FII route. So you can now judge the impact of withdrawal on INR – it will fall a little bit giving breather to our IT companies.
Co-relation of USD Versus INR, when foreign funds flow into India

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