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<h1>Foreign exchange volatility: rupee weakens as dollar strength and capital outflows pressure reserves and market stability.</h1> The rupee weakened against the US dollar due to a stronger dollar and net capital outflows by foreign institutional investors, with added pressure from uncertainties over US trade tariffs. The movement coincided with equity market declines and lower crude futures, while reported foreign exchange reserves fell, raising implications for Reserve Management and central bank foreign exchange and monetary policy measures under RBI/FEMA oversight.