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Rupee rises 31 paise to 94.86 against U.S. dollar in early trade

Rupee rises 31 paise to 94.86 against U.S. dollar in early trade

Meanwhile, India's WPI inflation accelerated to 11.39% from 9.92%, with food inflation reaching 8.66%. Combined with CPI inflation of 5.54%, dual inflation pressure makes it very difficult for the RBI to turn dovish

Source: The Hindu

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