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Rupee appreciated by 0.5% in 2025 so far
Business Standard
|May 24, 2025
Dollar inflows from anchor investors ahead of two IPOs—Hotel Leela and Aegis Vopak Terminals, each aiming to raise around ₹4,000 crore—provided further impetus to the domestic unit, said dealers.
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"With US markets closed on Monday, foreign investor inflows were front-loaded into today's session, supporting the rupee. Additionally, the RBI was actively seen selling approximately $1 billion near high
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