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Indian rupee holds steady after Wall Street decline helped by inflows

  • Indian rupee slightly down against US dollar.
  • Losses in Indian equities were measured following Wall Street sell-off.
  • Rupee managing to stay above 82 due to Asian equities and dollar selling interest.
  • First Republic Bank's $100 billion plunge in deposits causing demand for safe havens.
  • Rupee forward premiums rising, tracking fall in US yields.
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