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Fixed Income And Currency Market

2 Jan 2023

INR ends 2022 by falling more than 10%

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INR ended 2022 as one of the worst-performing Asian currencies with a fall of 10.14%, its biggest annual decline since 2013. However, last week, USD fell as the market participants are weighing the impact of China's rapid loosening of its strict COVID-19 rules with a surge in new infections.

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Ketan Verma
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