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News 2026-09-24 03:51 UTC

Indian central bank likely intervenes to limit rupee's fall, traders say

The Reserve Bank of India likely intervened in the foreign exchange market on Thursday, four traders told Reuters, as a surge in US Treasury yields and volatile oil prices continued to weigh on the currency.The rupee FX_IDC:USDINR weakened 0.1% to 95.84 per dollar, averting steeper losses largely o…