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Rupee May Slide Toward 100 Per Dollar, Forecast Says

A forecast says the Indian rupee will weaken toward the 100-per-dollar level. The Reserve Bank of India is pushing back against that move.

Context

Context: A rupee at 100 to the dollar would make imports, foreign travel and overseas education costlier for Indian families. Importers, exporters and investors watch forecasts like this closely.

CNBC
Burning Potato score: 37%

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