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<h1>Central bank sells foreign reserves to stabilize currency amid outflows and global economic pressures</h1> The domestic currency depreciated marginally against the US dollar amid ongoing foreign capital outflows and global economic pressures. The central banking authority intervened by selling substantial foreign currency reserves to stabilize the exchange rate, reflecting efforts to mitigate excessive depreciation. Despite these measures, external factors such as elevated trade tensions and expectations of US monetary easing continue to exert downward pressure on the currency. Concurrently, domestic inflation rates have declined significantly, potentially prompting further interest rate reductions, which may further influence currency valuation. Foreign institutional investors have recently divested substantial equity holdings, contributing to market volatility.