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The dollar index rose to its highest since May 2025, near 102, ahead of US payrolls, MUFG said, with high Treasury yields keeping Asia FX under pressure…
The rupee closed 5 paise lower at 96.30 against the US dollar as elevated crude, FII outflows and a stronger greenback kept pressure on the currency.
The rupee vs dollar today touched around 94.03 in intraday trade with a historic fall and intensifying concerns over currency depreciation, inflation risks, and capital outflows.