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Rupee’s 3-day rally ends on Iran flare-up

The Indian rupee weakened to 95.68 against the dollar on Tuesday, breaking a three-day gaining streak. This decline was attributed to weakening sentiment following US missile strikes on Iran and rising crude oil prices. The Reserve Bank of India intervened to support the rupee, but persistent dollar demand led to its depreciation.

Source :- Markets-Economic Times Read More

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