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FX Daily Updates
India's RBI likely sold dollars ahead of open to support rupee, traders say
georgemiller
Publish Date: Thu, 29 Jan 2026, 03:37 AM

MUMBAI, Jan 29 (Reuters) - The Indian central bank likely sold dollars before the local spot market opened on Thursday to support the rupee, three traders said, after the non-deliverable forward markets signalled a potential break past the 92-per-dollar level.
The 1-month NDF had indicted that rupee will weaken past 92 at the open versus the dollar. The currency was quoting at 91.9825 at 09.01 am IST.
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https://www.reuters.com/world/india/indias-rbi-likely-sold-dollars-ahead-open-support-rupee-traders-say-2026-01-29/