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Fuel price hike impact: 'Rupee depreciation to trigger more FPI outflows' | Collector
Fuel price hike impact: 'Rupee depreciation to trigger more FPI outflows'
Business Standard

Fuel price hike impact: 'Rupee depreciation to trigger more FPI outflows'

If crude prices remain elevated for an extended period, trade and CAD will further widen, impacting the rupee more. The rupee might depreciate to 100, and trigger more FPI outflows.

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