📰 Today’s Highlights – 30 July 2025
The Indian rupee reached a four‑month low, closing at ₹86.8150/USD, down 0.2% on the day, under pressure from a stronger dollar, importer demand, and sustained foreign outflows. It marked its lowest level of the fiscal year, reflecting growing uncertainty around stalled U.S.–India trade talks and month‑end demand flows. Equity markets hovered near six‑week lows, as the Nifty and Sensex remained subdued amid weak foreign investment sentiment. Key events shaping sentiment include: the upcoming August 1 tariff deadline, Fed and BoJ monetary policy decisions, and U.S. labor and inflation data releases.
Daily Current Affairs – MCQs (30 July 2025)
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**At what level did the rupee close today?**A) ₹86.5150B) ₹86.6650C) ₹86.8150D) ₹87.0000Answer: C) ₹86.8150Explanation: It hit a four‑month low before closing at ₹86.8150, down 0.2% on the day.
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**Why did the rupee weaken?**A) RBI tighteningB) Oil price surgeC) Dollar demand from importers and FII outflowsD) Strong trade dataAnswer: C) Dollar demand from importers and FII outflowsExplanation: Month‑end importer demand and continued foreign portfolio exits weighed on the rupee.
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**Which milestone did the rupee hit today?**A) Two‑year highB) Four‑month lowC) Mid‑year peakD) Ten‑day highAnswer: B) Four‑month lowExplanation: Markets noted its lowest level since mid‑March, marking a four‑month low.
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**Which fiscal milestone did the rupee breach this week?**A) ₹85.00B) ₹85.75C) ₹86.80D) ₹87.00Answer: C) ₹86.80Explanation: It slid toward the ₹86.80 mark, recording the lowest closing of the fiscal year.
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**Which global events remain in focus next week?**A) India’s electionsB) Federal Reserve & BoJ meetings, August 1 tariff deadlineC) RBI policy refreshD) IMF summitAnswer: B) Fed & BoJ meetings, August 1 tariff deadlineExplanation: Traders await central bank guidance, labor and inflation data—and the looming U.S. tariff deadline.
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**What supported trading momentum for Indian equities today?**A) Surge in commodity pricesB) Heavy inflows by mutual fundsC) Bargain buying in Reliance and HDFC BankD) New trade deal signedAnswer: C) Bargain buying in Reliance and HDFC BankExplanation: Buying interest in large-cap leaders helped stabilize markets amid weakness.
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**How did key equity indices perform today?**A) Reached new highsB) Held six‑week lows with slight uptickC) Fell more than 2%D) Closed unchangedAnswer: B) Held six‑week lows with slight uptickExplanation: Nifty and Sensex remained subdued near six‑week lows, with modest gains in heavyweight stocks.
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**How much did foreign investors sell on Monday?**A) ₹60 billionB) ₹100 billionC) ₹25 billionD) ₹150 billionAnswer: A) ₹60 billionExplanation: FIIs sold approximately ₹60.8 billion (~$700 mn), deepening market jitter.
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**Which trade deal's delay weighs on sentiment?**A) India–ChinaB) India–EUC) India–U.S. interim dealD) India–JapanAnswer: C) India–U.S. interim dealExplanation: Stalled talks with the U.S., especially over dairy/agriculture, continue to spook markets ahead of August 1 deadline.
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**What is the expected near‑term rupee outlook?**A) Strong rally to ₹84B) Range‑bound with downward bias near ₹86.30–87.00C) Sharp appreciationD) Complete stabilizationAnswer: B) Range‑bound with downward bias near ₹86.30–87.00Explanation: Analysts expect a mild depreciation bias with the rupee trading in the ₹86.30–87.00 range amid uncertainty and outflows.
✅ Summary:
Today’s quiz covers the rupee’s four-month low amid persistent FII outflows and importer dollar demand, tepid equity sentiment as markets await key global events, and uncertainty around delayed trade talks with the U.S. ahead of the August 1 deadline.
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