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Maroc Maroc - ZEENEWS.INDIA.COM - Business - 25/Sep 01:33

RBI May Intervene To Manage Rupee Volatility: Report

The dollar index has weakened approximately 10 per cent year-to-date due to US trade policy uncertainty, fiscal concerns, alongside expectations of additional Federal Reserve cuts following a reduction in September. The yuan has appreciated approximately 2.5 per cent year-to-date, eliminating a source of competitive pressure on Rupee observed in first trade war in 2018-19.

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