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RBI remains net purchaser of US dollar in January, buys $2.854 billion
In the reporting month, RBI purchased $18.225 billion and sold $15.371 billion in the spot market, the central bank said in its monthly bulletin for M
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India’s forex reserves increase by $689 million to $584.55 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen
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Rupee falls by 11 paise to 72.83 against US dollar
The rupee opened at 72.99 against the greenback and witnessed an intra-day high of 72.62 and a low of 72.99
