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26.05.26 - 07:36
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Rupee slips to 95.43 against US dollar as hope for Middle East peace dims (Times of India)
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The Indian Rupee experienced a dip early Tuesday, influenced by strong US dollar demand and rising crude oil prices. Geopolitical tensions and fresh attacks against Iran are impacting market sentiment. While the Reserve Bank of India's interventions are expected to stabilize the currency, ongoing peace talks and oil price fluctuations remain key factors to watch....
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24.05.26 - 03:30
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Middle East tensions complicate Beijing′s push to curb China solar overcapacity (SCMP)
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Tensions in the Middle East and mounting energy prices have made Beijing less willing to enforce anti-involution or supply consolidation measures on its solar industry, prolonging a price war as solar manufacturers continue to bleed cash, analysts say.
“Anti-involution or supply consolidation might not be a top priority for the government,” said Evan Li, head of Asia energy transition research at HSBC.
“[The Iran war] will result in much more competitive and low pricing for solar for the time......
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