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Rupee in rhapsody, passes 95 vs USD level at close
On Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Bank of India and the government introduced initiatives to lure foreign investors. Closing at 94.95, the Rupee reached its strongest point in over two months. Analysts are optimistic about increased inflows, which could further enhance the currency's performance.
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thehindubusinessline.com
Rupee under pressure from outflows, Asia weakness; report on tax relief may support
The Indian rupee faces pressure from equity outflows and regional weakness, but potential tax relief may provide support.
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economictimes.indiatimes.com
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…
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Rupee closes marginally weaker ahead of crucial central bank rate review
Rupee closes slightly weaker at 95.7850 per dollar ahead of the Reserve Bank of India's pivotal rate review.
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Rupee inches up, defies Asian peers; caution prevails before RBI policy
The Indian rupee rose on Friday, defying subdued Asian cues, with caution prevailing ahead of a policy outcome that is expected to steer the currency’s near-term outlook.
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thehindu.com
Rupee rises 11 paise to 95.63 against U.S. dollar ahead of RBI policy decision
Rupee rises to 95.63 against the U.S. dollar ahead of RBI's policy decision, amid positive trade news.
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Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision
The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI investment norms in government securities.…
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hindustantimes.com
Rupee rises 50 paise to 95.24 against US dollar after RBI policy move
Rupee rises after RBI policy changes and markets react to global oil, dollar trends and economic forecasts. | Business News
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Strong backing, but light touch: What is the RBI's rupee playbook?
The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneously, the RBI is introducing new plans…
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Rupee rises 81 paise to close at 94.93 against US dollar post RBI policy decision
The rupee rises 81 paise to 94.93 against the US dollar following RBI's supportive policy decisions to enhance forex liquidity.
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Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defence
The rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, plunged to 2.67 rupees, the lowest this…
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Rupee rises 81 paise to close at 94.93 against U.S. dollar post RBI policy decision
Rupee appreciates 81 paise to 94.93 against the dollar after RBI's policy decision to support forex liquidity and capital inflows.
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timesofindia.indiatimes.com
Rupee jumps 56 paise to 95.18 vs US dollar after RBI announces forex-support measures
The rupee strengthened sharply on Friday, rising 56 paise to close at 95.18 against the US dollar after the Reserve Bank of India announced a series of measures aimed at…
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Rupee in rhapsody, passes 95 vs USD level at close
On Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Bank of India and the government introduced…
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RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
The RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipate the monetary policy committee will…