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Rupee Strengthens as Dollar Index Declines: A Positive Start for Indian Currency

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Rupee Strengthens as Dollar Index Declines: A Positive Start for Indian Currency
On January 21, 2025, the Indian rupee opened 28 paise higher at 86.3875 against the US dollar, buoyed by a dip in the dollar index to 108.244 from the previous session's 109.347. This rise reflects traders' relief following U.S. President Donald Trump's initial remarks on tariffs, which did not imme...
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