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Indian Rupee: Range consolidation with growth support against US Dollar – Commerzbank

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Indian Rupee: Range consolidation with growth support against US Dollar – Commerzbank

Commerzbank’s Charlie Lay highlights India’s composite PMI at a four‑month high, reinforcing resilient growth and aligning with the RBI’s upgraded GDP forecast. Softer price pressures could allow the RBI to pause in December, though further tightening is possible.

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