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India’s four-wheeler sector may post a flat profit growth in the first quarter due to a rise in input costs. The cost of automobile steel, which constitutes about 40 per cent of the total raw materials, rose by more than 25 per cent during the three-month period.

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BEIJING — China will further strengthen management of foreign investment projects and check foreign exchange inflow in a bid to better control it, according to the country’s top economic regulator.

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Muted rupee-term guidance, no upward revision in dollar-term guidance, an uncertain global business environment, forex losses due to over-hedged positions and low volume growth by the top four Indian IT firms this week spooked investors on Friday.

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KUALA LUMPUR, July 19 (Bernama) — The ringgit is expected to be higher against the US dollar next week on steady commercial demand for the local unit, dealers said.

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SAN FRANCISCO (MarketWatch) — Investors who were paying attention to the currency options market this week knew the dollar could be poised for a turnaround after its fall to a new record low against the euro.

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