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Rupee Strength Is Backing Bitcoin Into a Different Trade for Indian Investors

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The Indian rupee (INR) has hit a two-month high after $136.4 billion in foreign currency inflows pushed reserves to a record $729.3 billion, while the Reserve Bank of India’s (RBI) short dollar position reached a record $137 billion. The ru…

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Rupee Strength Is Backing Bitcoin Into a Different Trade for Indian Investors
CoinEdition 6h ago

Rupee Strength Is Backing Bitcoin Into a Different Trade for Indian Investors

The Indian rupee (INR) has hit a two-month high after $136.4 billion in foreign currency inflows pushed reserves to a record $729.3 billion, while the Reserve Bank of India’s (RBI) short dollar position reached a record $137 billion. The ru…