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RBI unwinding dollar bets may pressure rupee

10 Jul 2026via Bloomberg.comSource

RBI unwinding dollar bets may pressure rupee. The Reserve Bank of India is reducing its bearish dollar positions, potentially exposing the ₹83.5 per USD level to volatility. This shift signals reduced support for the rupee, raising near-term downside risks. Traders should monitor RBI intervention and forex reserves closely.

📊 STOCKS: | 🏢 SECTOR: Macro | #MEDIUMIMPACT #Rupee

#Rupee#RBI#Forex

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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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