TradeNext Reduces Dollar/Rupee Spread

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LONDON--(BUSINESS WIRE)--TradeNext, the Indian owned, London based FX and CFD broker is reducing its Dollar/Rupee spread by 5%. The move comes after the Central Bank cut Interest rates for the third time this year earlier this month, to 7.25% from 7.5%. This comes despite India becoming the fastest growing major economy, recently overtaking China. Mohsin Jameel, CEO of TradeNext, said: “Our decision to reduce our USD/Rupee rate comes as a result of increased volumes and greater volatility we ha

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