Rupee likely to trade in ₹94.5-96 range in near term as dollar inflows fail to lift currency: Report

The rupee is likely to remain in the ₹94.5-96 per US dollar range in the near term, with large dollar inflows through FCNR deposits and external commercial borrowings (ECBs) failing to translate into commensurate appreciation as the funds have largely been added to the Reserve Bank of India's reser…