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The Euro (EUR) is showing a frail recovery against the US Dollar (USD) on Tuesday, due more to the Greenback’s weakness ahead of the release of the US inflation data than to any noticeable Euro strength.
The Reserve Bank of India’s latest forex measures have helped the rupee rebound from last week’s lows, taking it past 95 per dollar to 94.9125 on October 14, its strongest level in more than a month. The currency has gained around 2 percent this week, as the central bank’s steps to curb speculation…