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22.06.26 - 19:01
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Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty (Times of India)
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The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions. Despite supportive inflows and falling crude oil prices, importer demand and foreign institutional investors turning net sellers weighed on the currency. While equity markets saw gains, core sector growth slowed, and the RBI actively intervened in the forex market....
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19.06.26 - 14:54
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India′s forex reserves tumble nearly $10 billion as gold holdings see sharp drop (Times of India)
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India's foreign exchange reserves saw a significant dip of nearly $10 billion, reaching $671.625 billion in the week ending June 12. This sharp decline was primarily driven by a substantial drop in gold reserves, despite a modest increase in foreign currency assets. Other components like Special Drawing Rights and the IMF reserve position also registered slight decreases....
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19.06.26 - 07:18
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Rupee rebounds 20 paise to 94.20 on hopes of India-US trade deal (Times of India)
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The Indian Rupee strengthened significantly against the US dollar on Friday, recovering from an all-time closing low. Optimism surrounding an India-US trade agreement, coupled with improved foreign inflows and softer crude oil prices, fueled the currency's rise. Discussions between Prime Minister Modi and President Trump highlighted progress on a trade pact, with further negotiations planned....
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18.06.26 - 09:54
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Citi Makes Bullish India Inflow Calls After RBI Move (Bloomberg)
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Citi India CEO, K Balasubramanian, says India could attract as much as $80 billion in foreign capital by the end of the year after a series of measures by the nation's central bank aimed at making the country more attractive to overseas investors. He joined exclusively on Insight with Haslinda Amin. (Source: Bloomberg)...
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18.06.26 - 06:48
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Rupee slips again: Currency tumbles 21 paise to 94.66 against US dollar (Times of India)
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The Indian Rupee weakened against the US dollar on Thursday, influenced by the US Federal Reserve's hawkish stance and a strengthening dollar index. Asian currencies also saw declines, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memorandum of understanding and progress on a US-India trade agreement....
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17.06.26 - 07:48
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Rupee continues to rebound: Currency jumps 31 paise to 94.29 against US dollar (Times of India)
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The Indian Rupee strengthened significantly against the US dollar on Wednesday, driven by falling crude oil prices and a weaker dollar index. This recovery, fueled by expectations of a US-Iran framework agreement and potential capital inflows, has pushed the rupee towards the 94.00-93.80 zone. Traders are closely watching the upcoming signing of the US-Iran agreement in Geneva....
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