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Rupee hits near 1-1/2 year high; bonds rally, shares fall

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Mon, Mar 27, 2017

The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.

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