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Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'
The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated the interim accord with Iran was over. Oil prices jumped significantly, renewing fears of Middle East supply disruptions. Indian stocks also dropped sharply, their steepest fall in over three months. Elevated oil prices are expected to pressure the rupee and slow economic growth.
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economictimes.indiatimes.com
Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'
The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated the interim accord with Iran was over.…
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cryptobriefing.com
Indian stocks tumble, rupee weakens as oil prices rise after Trump remarks
Indian stocks fell and the rupee weakened after Trump declared the Iran ceasefire over, pushing oil toward $100 and rattling Asia's biggest crude importer.
