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    Indian Rupee Opens Near Record Low as Oil Surge and Global Risk-Off Sentiment Weigh on Currency

    Rupee Weakens Sharply at Monday Open The Indian rupee opened sharply weaker on Monday, hovering close to its all time low as a surge in crude oil prices and a broad risk off mood across global markets weighed on Asian currencies.The rupee opened at 92.20 per US dollar, compared with 91.74 in...
    • Karthik
    • Thread
    • asian currencies crude oil prices currency exchange rate farm loan waiver fiscal policy foreign exchange market foreign investment geopolitical tensions indian rupee maharashtra oil import reserve bank of india usd
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    • Forum: Stocks
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