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Four traders said the Reserve Bank of India may have intervened in the FX market on Monday to support the rupee amid persistent uncertainty from the Middle East conflict. Traders said the RBI has been intervening frequently in recent sessions, appare

2026-08-10

Four traders said the Reserve Bank of India may have intervened in the FX market on Monday to support the rupee amid persistent uncertainty from the Middle East conflict. Traders said the RBI has been intervening frequently in recent sessions, apparently to consolidate the rupee’s rebound since late July from near-record lows. They observed state-owned banks selling dollars, likely on on behalf of the RBI.

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2026-08-10

Spot gold broke through $4,360 per ounce, up 0.45% on the day.

Spot gold broke through $4,360 per ounce, up 0.45% on the day.
2026-08-10

Iraq's state oil marketer SOMO set the September official selling price for Basrah Medium crude to North and South America at a $5.10/bl premium to Argus Sour.

Iraq's state oil marketer SOMO set the September official selling price for Basrah Medium crude to North and South America at a $5.10/bl premium to Argus Sour.
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