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The Indian rupee extended decline to a two-month low to settle lower by 55 paise to 86.07 (provisional) against the US dollar due to a spike in global oil prices and a firm dollar amid rising tensions ...
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Capital Market on MSNCurrency Buzz: INR tanks beyond 86 mark against US dollar, equities stay slipperyThe Indian rupee slumped in opening trades on Friday tracking pessimistic global sentiments amid ongoing tensions in the Middle East. Weak equities and surging oil prices ...
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Capital Market on MSNCurrency Buzz: INR tanks above 86 mark against US dollar, equities stay slipperyWeak equities and surging oil prices weighed heavily on the counter that fell to a two-month low beyond 86 per dollar mark. WTI Crude has zoomed around 8% to $73.25 per barrel, hitting six-month high.
The escalating Israel-Iran conflict is shaking global markets, particularly impacting India's benchmark indices. With Brent ...
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