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Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta - The Economic Times
"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything, there seems to be a fair case for the rupee to not just stabilise but perhaps even appreciate from the current levels, as was being anticipated by the market analysts when the capital flow measures were first announced."
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