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News 2026-07-07 12:16 UTC

USD/INR Falls as NDF Dollar Sales Lift Rupee 0.4%

() -- The Indian rupee rose to a one-week high of 94.95 against the US dollar on Tuesday, after offshore NDF dollar sales forced short-covering and wider Asian currency gains supported sentiment into the close. For the second straight day, the Foreign Institutional Investors, or FIIs, invested in the Indian markets wit