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  RBI shifts to consumer prices to value Indian rupee against other currencies

  Apr 06, 2014, 08:49 PM IST

  New Delhi: Governor Raghuram Rajan-led Reserve Bank of India will start using consumer prices instead of wholesale prices as the inflation benchmark for valuing the Indian rupee against other currencies, a move that could make

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  Rupee down 52 paise against dollar

  Jul 06, 2012, 11:43 AM IST

  Mumbai, Jul6:The rupee today fell 52 paise to 55.49 against the dollar in early trade on the Interbank Foreign Exchange market following increased demand for the American currency from importers.The dollar also gained strength in