According to Care chief economist Madan Sabnavis, the rupee’s weakening trend reversed after the US granted India a six-month waiver on Iran sanctions. “An appreciation of the rupee bodes well for importers and the government to manage their finances,” said Sabnavis.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2zppkIc
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