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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 suggesting potential policy options, including an interest rate hike, also supported the currency's recovery from recent record lows.
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economictimes.indiatimes.com
Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…
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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.
