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Indian rupee rallies on RBI measures to draw inflows to help oil-hit currency

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Indian rupee rallies on RBI measures to draw inflows to help oil-hit currency

MUMBAI, June 5 (Reuters) – The Indian rupee rallied on Friday after the central bank announced steps to draw inflows and support the currency, one of Asia's worst performers this year due to the prolonged Iran conflict. The central bank held its policy rate steady on Froday, as was expected, but lowered its growth forecast and raised its inflation projection.…

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