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Rupee rebounds after RBI support, how long will the recovery momentum last?
The rupee ended higher on Thursday snapping a two-week losing streak after strong intervention by the Reserve Bank of India (RBI) helped support the domestic currency, though elevated oil prices and geopolitical risks continued to cloud the outlook, Reuters reported.
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thehindubusinessline.com
Rupee may remain under pressure, experts warn of possible slide to 100 per USD
Experts warn the Indian rupee may slide to 100 per USD amid rising crude prices and foreign investor outflows.
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timesofindia.indiatimes.com
No relief for rupee: Currency slips to 96.38 against US dollar amid Middle East tensions
Rupee continued its downward journey against the US dollar on Tuesday morning, falling 18 paise to 96.38 in early trade. This comes amid concerns around rising crude oil prices…
