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Rupee drops 37 paise to close at a week low of 95.44/$ as oil bubbles on West Asia worries
Rupee declined for a third straight session on Thursday as oil prices continued to march higher on worries over the escalating conflict in the Middle East, elevated dollar demand linked to derivative maturities and corporate hedging.
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economictimes.indiatimes.com
Rupee ends flat, hemmed in by RBI intervention, oil pangs
The Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also influenced currency markets. The…
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thehindubusinessline.com
RBI likely steps in to stem rupee's oil, outflow-driven fall, traders say
RBI intervenes in currency market as rupee falls due to rising oil prices and dollar outflows, traders report.
