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Rupee falls 17 paise against US dollar as FCNR swap deadline weighs down sentiment

Times of India

BusinessTimes of India·Aug 17, 2026·1 min read

Rupee falls 17 paise against US dollar as FCNR swap deadline weighs down sentiment

The Indian rupee fell against the US dollar at the start of Monday, influenced by the Reserve Bank of India's move to advance a deposit swap deadline. While the bank had previously drawn in substantial foreign currency, analysts predict…

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