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Rupee Steady as FPI Outflows and Global Factors Weigh on Markets

New Delhi : Despite persistent foreign portfolio investor (FPI) outflows and mounting global economic pressures, the Indian Rupee demonstrated resilience in February, avoiding sharp depreciation. A report by the Bank of Baroda attributes this stability to a relatively steady US dollar and strategic interventions by the Reserve Bank of India (RBI). The report highlights that […]

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