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Rupee gains slightly amid inflows but importer hedging limits rally

Yahoo Finance SingaporeRead the original4 Aug 2026

Rupee gains slightly amid inflows but importer hedging limits rally. The currency edged higher due to $1.2B in foreign inflows, yet strength was capped as importers rushed to hedge, increasing dollar demand. Import-related dollar purchases reached $750M, countering some upward momentum. Near-term range seen between 83.10–83.50.

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