The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil prices following a preliminary peace pact in West Asia, easing external sector pressures and boosting global risk appetite for emerging market assets.
The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This positive movement was primarily due to falling global oil prices, which followed a preliminary peace pact in West Asia. The reduced oil prices are easing external sector…
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