Mumbai, Aug. 13 -- The US Dollar experienced heightened volatility, as per SEBI annual report for 2024-25. The Dollar index peaked at a two-year high in January 2025, before declining by over four per cent during February-March 2025 following the announcement of US tariffs. The INR/USD rate traded within the range of '83-84 during the first half of 2024-25, before showing a depreciating trend, particularly in February 2025, driven by broad-based dollar strength and significant FPI outflows from Indian markets. During 2024-25, the foreign exchange market faced significant turbulence, with major currency pairs undergoing heightened volatility and rapid fluctuations, the exchange board noted. Central banks' policy actions along with rising g...
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