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01.05.26 - 04:00
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Rupee breaches 95 intra-day as crude leaves markets guessing (Times of India)
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The rupee hit a record low of 95.33 against the dollar on Thursday, driven by surging crude oil prices and concerns over inflation and capital flows. Suspected RBI intervention helped the currency recover to close at 94.91, though it remains under pressure. The outlook for the rupee is closely tied to the trajectory of global oil prices....
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27.04.26 - 01:48
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Summer travel gets dearer on conflict, weak rupee (Times of India)
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Indian summer vacation plans to exotic locales are facing a significant setback. A combination of the West Asia conflict and a depreciating rupee has inflated overseas tour package costs by approximately 20%. This surge, coupled with geopolitical instability, has led to a sharp decline in international travel demand, particularly to the Gulf and Europe, impacting the peak summer season....
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