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RailTel Corp bags Rs 288-cr order from East Central Railway Lemon Tree Hotels signs new property in Rajasthan RVNL emerges as L1 bidder for order worth Rs 156 cr Hazoor Multi Projects bags steel fabrication contract for Versova Bandra Sea Link ICRA downgrades ratings of Fusion Finance to 'A-' with 'negative' outlook Bharti Airtel board OKs to acquire additional 5% stake in Airtel Africa Jio Financial, Zomato to become part of Nifty 50 index Lupin gets EIR from USFDA for New Jersey facility Granules India's board OKs to acquire 100% stake in Senn Chemicals AG Agarwal Industrial bags bitumen supply contract from BPCL Pfizer partners with Mylan for marketing of Ativan and Pacitane One MobiKwik to acquire 3.39% stake in Blostem Fintech Religare Enterprises surges after Burman Family secures majority control Mahindra & Mahindra Ltd leads losers in 'A' group FCS Software Solutions Ltd leads losers in 'B' group

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Dollar index hovers near 107 mark as steady recovery extends

19-Feb-25 15:34 Hrs IST

The US dollar index edged up from a two month low amid a recovery in US benchmark treasury yields. A report released by the Federal Reserve Bank of New York on Tuesday showed a turnaround by regional manufacturing activity in the month of February. The New York Fed said its general business conditions index jumped to a positive 5.7 in February after slumping to a negative 12.6 in January, with a positive reading indicating growth. Dollar index moved up steadily yesterday and currently quotes at 106.94, up marginally on the day. It has recovered from a near two month low but is well off its three week high around 110 recorded at the start of the month.

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