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26.06.26 - 14:42
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India′s forex reserves rise to $672.59 billion after gold holdings jump (Times of India)
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India's foreign exchange reserves saw a significant rebound, climbing by $963 million to $672.587 billion in the week ending June 19. This recovery was primarily driven by a substantial surge in gold reserves, which more than compensated for a dip in foreign currency assets. The overall reserves reversed a sharp decline from the previous week, signaling a positive trend....
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25.06.26 - 18:42
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Rupee gains 10 paise as softer crude, firm equities lift sentiment (Times of India)
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The Indian rupee saw a modest gain of 10 paise, closing at 94.45 against the US dollar on Thursday. This appreciation was fueled by falling global crude oil prices and a stronger domestic stock market. However, foreign fund outflows prevented a more significant rise. The currency is expected to trade within a narrow range, influenced by global economic factors and the US Federal Reserve's stance....
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