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Rupee’s outlook depends largely on global monetary policy moves

New Delhi [India], December 31 (ANI): Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US dollar index kept the Indian currency under pressure in 2022.
The Indian Rupee has been in the news cycle for a considerable part of 2022 for its steady depreciation.
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