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Rupee slips on weak stocks, importer hedging but state-run banks cushion
By Jaspreet KalraThe Indian rupee retreated below the 95 per dollar mark on Tuesday, pressured by weakness in local stocks and elevated importer hedging as volatile oil prices kept investors on edge amid uncertainty over U.S.-Iran peace talks.The strain, however, was cushioned by intermittent dolla…
By Jaspreet KalraThe Indian rupee retreated below the 95 per dollar mark on Tuesday, pressured by weakness in local stocks and elevated importer hedging as volatile oil prices kept investors on edge amid uncertainty over U.S.-Iran peace talks.The strain, however, was cushioned by intermittent dolla…
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