US to stay on growth track despite global risks: Yellen

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US to stay on growth track despite global risks: Yellen

In testimony that combined a steady-as-she-goes account of Fed policy with an acknowledgement of intensifying risks, Yellen said there are good reasons to believe the United States will stay on a path of moderate growth that will allow the Fed to pursue "gradual" adjustments to monetary policy.

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MORE FROM Economy

Indian rupee free-fall to continue

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Indian rupee free-fall to continue

On Monday, the rupee closed at 67.93 versus a dollar while its exchange rate jumped from Rs17.96 on January 1 to Rs18.49 against the UAE dirham. The rupee opened this year at 66.17 against the greenback.

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