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US Fed and ECB meetings will decide how the rupee acts and RBI reacts

Updated : December 11, 2019 12:24 PM IST

Updated projections for the US economy and interest rates will be the main focus.
For the euro, Christine Lagarde will be overseeing her first monetary policy announcement as European Central Bank president and might opt to maintain status quo.
The Reserve Bank of India has come forward and protected the rupee from appreciating sharply near 70.30-50 levels.
US Fed and ECB meetings will decide how the rupee acts and RBI reacts
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