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Rupee strengthens to 95.41 after oil cools
The Indian rupee strengthened significantly on Tuesday, gaining 33 paise. This appreciation occurred as oil prices retreated and the Reserve Bank of India sold dollars. The rupee closed at 95.41, trading between 95.40 and 95.75 during the session. Oil prices fell more than three percent, influenced by US sanctions on Iran. Domestic markets will be closed Wednesday for a holiday.
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economictimes.indiatimes.com
Oil fall lifts rupee to over one-week high after central bank keeps lid on losses
The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the…
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thehindubusinessline.com
Weekly Rupee View: Rupee recovers
Rupee rebounds as falling crude prices and positive foreign inflows provide support, with key resistance levels to watch.
