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Rupee strengthens against US dollar on Friday
short by / on Friday, 1 August, 2025
The Indian Rupee strengthened against the US dollar on Friday due to suspected Reserve Bank of India intervention following worries over the impact of Trump's new 25% tariffs on Indian exports and persistent portfolio outflows. Foreign institutional investors offloaded equities worth ₹5,588.91 crore on a net basis on Thursday, exchange data showed.