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Rupee forwards slump after RBI head quits
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Rupee forwards slump after RBI head quits
Dec 10, 2018 9:54 AM

Rupee forwards posted their biggest daily slump in more than five years on Monday, after Reserve Bank of India Governor, Urjit Patel, resigned for "personal reasons".

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The one-month contract was last quoted at 72.62 per dollar compared to a spot market rate of 71.35 percent dollar.

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