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RBI contains rupee's fall, shrinks dollar-rupee forward premiums
The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments exerted opposing forces. Despite Reserve Bank of India's dollar-selling interventions and buy/sell swaps, pressure on the rupee is expected to persist due to weak capital flows and volatile oil prices.
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economictimes.indiatimes.com
PSB dollar sales help rupee close flat at 95
The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are now focused on upcoming US non-farm…
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RBI contains rupee's fall, shrinks dollar-rupee forward premiums
The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments…
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thehindubusinessline.com
RBI’s intervention contains rupee's fall, shrinks dollar-rupee forward premiums
Despite the interventions, traders reckon the pressure on the rupee will persist in the near term as capital flows remain weak and uncertainty over the Middle East conflict…
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Rupee dips; RBI-led relief may fade without inflow measures, bankers say
The Indian Rupee declined on Thursday, continuing a two-day fall. Weaker Asian currencies and importer hedging impacted the Rupee. The Reserve Bank of India's intervention had…
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Rupee closes at 95.78 vs USD ahead of crucial central bank rate review
The Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures to support the currency. The rupee's…