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The Nexus
BUSINESSJul 10 · 02:46 UTCBLOOMBERGPratigya Vajpayee, Bhaskar Dutta

Rupee May be Tested as RBI Unwinds Bearish Dollar Bets

The Indian rupee hit a record low against the dollar due to concerns over 50% US tariffs impacting economic growth and corporate earnings. The Reserve Bank of India (RBI) is unwinding bearish dollar bets amid the currency's decline.

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Indian RupeetopicReserve Bank of IndiaorganizationUS tariffstopiceconomic growthtopicCorporate EarningstopicNew Delhiplace
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Rupee May be Tested as RBI Unwinds Bearish Dollar Bets · The Nexus