No respite likely for India rupee, bonds to track US peers

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By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to remain under pressure through the week on worries over U.S. President-elect Donald Trump’s trade policies and persistent dollar demand in the non-deliverable forward market, while domestic bonds will track U.S. Treasuries. The rupee fell 0.3% last week to 85.77 against the U.S. dollar, not far off from its

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