The US dollar is flat against the Indian rupee on Monday, with the exchange rate caught in the middle of 30% one-day crash in the price of oil and a massive deterioration in investor sentiment. India, as a net oil importer benefits from a lower oil price but as a developing nation its currency is perceived as risky. USD/INR was down by 41 pips (-0.05%) to 73.99 with a daily range of 73.93 to
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