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    <title>Rupee rises 16 paise against US dollar</title>
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    <description>The currency appreciated on a weaker US dollar, lower crude oil prices and domestic equity gains; cooling retail inflation and expectations of US monetary easing supported the move, while foreign institutional outflows and trade tariff tensions capped further appreciation. The government&#039;s directive to the central bank to maintain CPI-based inflation around the four percent objective with a permitted margin frames the policy context for exchange rate dynamics.</description>
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