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For the first time in many weeks, the average weighted cost of states' borrowing declined to a nine-week low of 7.73 per cent on Tuesday, witnessing a sharp 17 basis point fall from previous week. Since the beginning of this fiscal year,…

After touching nearly 8 per cent last week, the states breathed a little easy on Tuesday as the cost of their borrowings eased marginally to 7.90 per cent. The weighted average cost of states' borrowings inched down by 6 basis points to…