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The Economic Times

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Rupee steady; bankers stay wary of central bank intervention

The Indian rupee remained steady on Friday. Strong demand for US dollars at the daily reference rate is impacting the local currency. The Reserve Bank of India's recent interventions are preventing significant one-way movements. Traders are cautious due to unexpected intervention levels. Global markets await key US economic data and a tariff ruling.

9 Jan 2026 10:42 am