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Rupee under fresh pressure as Powell-Trump rift feeds Fed uncertainty

The Indian rupee faces renewed pressure as U.S. President Trump’s clashes with Federal Reserve Chair Powell escalate. Despite Reserve Bank of India interventions, foreign outflows and dollar strength continue to weigh on the currency. Concerns over the Fed’s independence add to market uncertainty, potentially pushing the rupee to test new lows this week.

Source :- Markets-Economic Times Read More

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