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<h1>Domestic currency gains 18 paise to 87.34 per dollar amid equity-led inflows and central bank FX intervention</h1> The report describes the domestic currency's 18-paise appreciation to 87.34 per US dollar in early trade, attributing movement to equity gains, central bank foreign-exchange intervention to limit depreciation, and elevated external risks from impending US tariffs and potential US interest-rate action. Legal and regulatory implications include possible capital outflow pressure if tariffs prompt investor exits, monitoring under foreign exchange laws and central bank powers to manage reserves, and effects of international trade policy on currency stability and market conduct. Data cited include recent reserve increases and significant foreign institutional investor sell-offs.