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Indian rupee weakens to 86.76 against the US dollar amid fund outflows and import demand.
The Indian rupee slightly weakened to 86.76 against the US dollar on Monday amid foreign fund outflows and negative domestic equity trends.
Despite a weaker dollar, the rupee faced pressure from importers seeking dollars and potential tariff tensions.
However, the currency remained relatively stable, partly due to the Reserve Bank of India's intervention.
India's forex reserves also increased by $7.654 billion in the week ended February 7.
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La rupia india se debilita a 86,76 frente al dólar estadounidense en medio de salidas de fondos y demanda de importaciones.