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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 shored up by firm RBI intervention but oil risks linger
Rupee strengthens after central bank intervention, but risks from rising oil prices and geopolitical tensions remain.
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economictimes.indiatimes.com
Rupee shored up by firm central bank intervention, but oil risks linger
The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report…
