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Currency Market
RBI Tightens Forex Derivative Rules and Imposes 20% Risk Reserve as Rupee Slides Toward 97 Against US Dollar
The Reserve Bank of India (RBI) introduced sweeping curbs on foreign exchange derivatives to suppress speculative trading as the Indian rupee dropped toward a...
Rupee Ends at ₹95.59 Against Dollar as Oil Prices Ease
The Indian rupee closed at ₹95.59 against the US dollar on Tuesday, gaining around 0.2% as lower crude oil prices and intervention by the...
Indian Rupee Falls to 94.69 as Oil Prices Rise
The Indian rupee slipped past the 94.50-per-dollar mark on September 8 as rising crude oil prices increased pressure on India's currency.The move comes...
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