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Rupee strengthens against dollar after RBI intervention, stabilizing after nearing record low amid global economic concerns.
US tariffs on India trigger rupee depreciation, while mixed economic data and RBI interventions impact currency movement.
India's foreign exchange reserves saw a rise. The reserves increased by $2.7 billion. This brought the total to $698.19 ...
The Indian rupee nudged higher on Friday, supported by likely intervention from the Reserve Bank of India, but still logged ...
The latest figures indicate a robust buildup across various components of the reserves. Foreign Currency Assets (FCA), the largest component, rose by $1.316 billion to $588.926 billion.
Traders noted that the central bank likely intervened in the forex market on Thursday (July 31) to prevent a sharper slide in ...
The rupee recovered sharply and ended 47 paise higher at 87.18 against the US dollar on Friday, following a steep fall in the American currency triggered by a slower-than-expected job growth in the ...
US President Trump has threatened India with punitive tariffs of an unspecified amount on top of the general tariff rate of 25% for purchases of Russian weapons and Russian energy, Commerzbank's ...
Indian benchmarks opened marginally lower on Friday after the United States slapped dozens of trading partners with steep ...
At the center of the dollar’s rally is the latest salvo in global trade tensions. President Donald Trump’s administration recently announced sweeping new tariffs on multiple countries, triggering mark ...
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