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Appreciating rupee is a temporary phenomenon: FM

April 21, 2008
Innaugurating a textile park in Coimbatore, India's Finance Minister, P Chidambaram said on April 19 that the appreciating rupee was only a temporary phenomenon

In the past week the rupee has moved in a range of 39.89-40.01, and the central bank has repeatedly stepped in to stem the currency's rise.


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