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Rupee's on the Rise, But Importers Are Ruining the Dish

Finance

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Rupee's on the Rise, But Importers Are Ruining the Dish

Listen up! The rupee's trying to rise like a soufflé, thanks to Muthoot Finance's $600 million cash grab. But wait—importers are hogging dollars, capping our gains. It hit 90.07 but settled at 90.36. What a disaster! The RBI's just watching, no intervention! Traders are sweating over the RBI’s next move. Get it together, rupee!