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Indian rupee's slide from outflows, demonetisation likely near end
The rupee's recent slide from capital outflows as well as a controversial government move to withdraw high-value currency notes from circulation has mostly run its course, a Reuters poll found on Thursday. The poll of nearly 30 foreign exchange strategists carried out this week showed that the bout of weakness is not likely to intensify much from here. By month-end, the rupee will probably trade around 68.50 to the dollar, near Thursday's 68.41.
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