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Indian rupee weakens slightly against dollar amid importer demand, oil prices cool
The Indian rupee weakened slightly against the dollar on Thursday as importers continued to push for dollar purchases. Although oil prices showed signs of easing, this did not provide enough support for the rupee. Throughout the session, the currency was observed trading in a range of 95.10 to 95.24 per dollar, with Brent crude prices remaining under $80 a barrel.
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economictimes.indiatimes.com
Timeline cronologica
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The Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward premiums fall in anticipation of the…
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Indian rupee slips on importer bids, far forward premiums ease to one-month low
On Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions. While falling oil prices helped…
- ·
Indian rupee weakens slightly against dollar amid importer demand, oil prices cool
The Indian rupee weakened slightly against the dollar on Thursday as importers continued to push for dollar purchases. Although oil prices showed signs of easing, this did not…