India HSBC Manufacturing PMI fell from previous 53.5 to 52.9 in August

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Indian Rupee ticks lower due to elevated oil prices, recovery in US bond yields

The Indian Rupee (INR) edges down against the US Dollar (USD) in the opening session on Friday. The USD/INR ticks up to near 95.72 as elevated oil prices and a sharp recovery in United States (US) Treasury Yields have weighed on the Indian currency.
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