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"Anticipation of a rapid pace of rate hikes by the US Fed has led to a sharp surge in US treasury yields and the dollar while prompting some correction in the non-interest bearing gold. However, the precious metal is likely to find traction yet again as the global...

The rupee rose by 3 paise to settle at 72.94 (provisional) against the US dollar on Monday, extending its gains for the fifth straight session despite heavy selling in the domestic equity market. At the interbank forex market, the rupee opened at 72.95 against the...