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15.06.26 - 13:42
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Rupee rallies to five-week high on crude oil plunge; RBI measures add to momentum (Times of India)
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The Indian rupee strengthened against the US dollar for a second consecutive day, buoyed by a significant drop in crude oil prices following a preliminary US-Iran agreement. This rise also builds on recent Reserve Bank of India measures aimed at attracting dollar inflows. Traders anticipate further support for the rupee, though its appreciation pace may hinge on the RBI's policy....
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15.06.26 - 02:54
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West Asia uncertainty, oil & gold imports hurt Rupee: FM Sitharaman (Times of India)
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Finance minister Nirmala Sitharaman said it's not only the rupee that's under pressure, as currencies such as the Japanese Yen and the Korean Won had also fallen sharply against the dollar. The minister said the more significant challenge was persistent uncertainty in West Asia, while imports of crude oil, gas, fertilisers and gold were also pushing up dollar demand....
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10.06.26 - 15:54
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How to protect your wealth when rupee is falling (Times of India)
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Is the rupee's fall eating into your investment returns? What should investors do to protect their portfolio in the current scenario? The first thing to understand is that fundamentally, a falling rupee does not have a direct impact on your investments....
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