Rupee flexes muscles but slips back by end of day

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Rupee flexes muscles but slips back by end of day

On Tuesday, the rupee decided to flex its muscles a bit, starting strong at 93.63 per dollar thanks to a dip in crude oil prices and some chatter about peace talks from Trump. But by the end of the day, it slipped to 93.87. Bond yields crept up too, leaving everyone a bit on edge about what’s next!

| Anjali Kumari