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08.07.26 - 07:12
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Rupee erases previous gains, tumbles 20 paise against US dollar (Times of India)
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The Indian rupee opened weaker against the US dollar on Wednesday. Rising crude oil prices and geopolitical events impacted currency markets. The dollar index strengthened, and Brent crude futures climbed significantly. Domestic stock markets also mirrored this cautious sentiment, opening lower. Foreign institutional investors remained net buyers of equities on Tuesday....
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07.07.26 - 07:42
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Rupee recovers 15 paise to 95.28 against US dollar in early trade (Times of India)
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The Indian rupee opened stronger against the US dollar on Tuesday. Lower crude oil price expectations and easing Middle East tensions improved market sentiment. Saudi Arabia's decision to cut oil prices for Asian buyers added to the positive mood. Foreign institutional investors remained net buyers of domestic equities on Monday. Indian equities also opened on a positive note, with major indices rising....
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02.07.26 - 23:42
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Cryptocurrency difficult to regulate, RBI tells Parliamentary panel (Times of India)
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The Reserve Bank of India has firmly stated its opposition to legalizing cryptocurrencies, citing concerns about their potential to fund illicit activities like drug trafficking and terrorism. The central bank emphasized the challenges in regulating virtual digital assets, particularly for emerging economies like India. In contrast, the Institute of Chartered Accountants of India sees VDAs as strategic opportunities, advocating for a comprehensive law to boost cross-border payments and fintech innovation....
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