The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and offer currencies like US Dollar and Japanese Yen on wholesale markets. Elevated UST yields, weak yuan, and crude oil prices are expected to weigh to the rupee during the near time https://financefeeds.com/franklin-templeton-receives-green-light-to-launch-tokenized-money-market-fund-in-singapore/
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