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Reuters is out with the latest headlines, citing that China is considering reviewing anti-dumping measures on the Indian optical fiber.

This is a welcome surprise amid ongoing trade tensions. Note that China’s Ministry of Commerce imposed anti-dumping duties also on ortho dichlorobenzene (ODCB) imported from India in January.  

Meanwhile, USD/INR holds near six-month tops of 71.37 amid a weaker Yuan setting and escalating US-China trade woes.