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The RBI is employing a "non-direct" strategy to defend the struggling rupee, according to forex traders.
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The rupee weakened by 11 paise to 94.95 against the US dollar in early trade amid Middle East tensions, high crude oil prices and foreign fund outflows. Markets remain volatile as geopolitical uncertainty and domestic factors weigh on investor sentiment.
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The Indian rupee ended 4 paise higher at 94.84 against the US dollar, supported by softer crude prices, though pressures from rising oil, FII outflows, and global uncertainties capped gains. Markets remain cautious amid US-Iran tensions and inflation concerns
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The rupee weakened 13 paise to 94.81 against the US dollar in early trade, pressured by elevated crude oil prices and global uncertainty. Investor sentiment remained cautious ahead of the US Federal Reserve policy decision and continued foreign capital outflows.
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Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising crude oil prices, a stronger US dollar, and expectations of prolonged higher interest rates impacting global bullion markets
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Gold and silver prices declined nearly 1% on Multi Commodity Exchange amid global pressure. Strong US dollar, rising bond yields, and geopolitical tensions weighed on sentiment, while crude oil above $100 per barrel added inflation concerns
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The rupee weakened for the fifth consecutive session, falling to 94.25 against the US dollar amid rising crude oil prices, a stronger dollar, and geopolitical tensions in West Asia, while continued foreign fund outflows and weak equities further pressured the domestic currency.
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The rupee weakened for the third consecutive session, falling 31 paise to 93.75 against the US dollar, pressured by rising crude oil prices, foreign capital outflows, and uncertainty surrounding a potential West Asia peace agreement and escalating geopolitical tensions.
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The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains
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The rupee appreciated by 13 paise against the US dollar in early trade, supported by falling crude oil prices and RBI measures. However, forex traders expect volatility to persist amid geopolitical tensions following Iran’s closure of the Strait of Hormuz.
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The rupee appreciated 28 paise to 92.86 against the US dollar in early trade, supported by easing geopolitical tensions, foreign fund inflows and positive domestic equities, though gains were capped by a firm dollar and global uncertainties.
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The rupee appreciated 6 paise to 93.27 against the US dollar in early trade on Thursday, supported by easing crude oil prices and a weaker dollar, though foreign fund outflows and importer demand capped sharper gains.
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The rupee appreciated 20 paise to 93.15 against the US dollar in early trade, supported by softer crude oil prices and a weaker dollar. Improved sentiment also followed renewed hopes of US-Iran talks, boosting domestic equity markets.
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The rupee weakened by 49 paise against the US dollar amid surging crude oil prices and geopolitical tensions linked to the Strait of Hormuz. Weak equities and a stronger dollar further pressured the domestic currency in early trade.
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Gold prices rose 1.65 per cent over the week, supported by safe-haven demand and a weaker US dollar amid easing inflation concerns and US-Iran ceasefire talks. Analysts say resistance near $5,000 could trigger a stronger bull run in global markets.
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The rupee depreciated 17 paise to 92.71 against the US dollar in early trade on Thursday amid geopolitical tensions in West Asia. Investors remained cautious due to Iran's threat over talks and concerns about disruptions around the Strait of Hormuz.
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The rupee rebounded 151 paise from its record low in early trade after the Reserve Bank of India capped banks’ net open positions in the rupee forward market. However, rising crude prices, foreign capital outflows and a stronger dollar continue to pressure the currency.
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The rupee gained 15 paise to 94.70 against the US dollar in early trade, supported by strong domestic equities and a weaker dollar. However, rising crude oil prices and sustained foreign fund outflows continued to exert pressure on the local currency.
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The rupee rebounded 128 paise from its record low in early trade after the Reserve Bank of India capped banks’ net open position at USD 100 million. However, rising crude oil prices, geopolitical tensions and a strong dollar continue to pressure the currency.
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The rupee plunged 33 paise to a fresh all-time low of 94.29 against the US dollar in early trade on Friday as rising crude oil prices, a stronger dollar and continued foreign fund outflows intensified pressure on the domestic currency.