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MARKETS-ECONOMIC TIMES · INDIAN ·

Rupee soars to best day in nearly two months, closes at 95 vs USD as RBI steps in, oil drops

As reported by Markets-Economic Times
The rupee saw a significant jump on Friday, its best single-day gain in two months. This surge was driven by likely intervention from the central bank and a drop in oil prices. The rupee ended the session at 95 per dollar. Investors are now focused on the Reserve Bank of India's monetary policy decision on June 5.
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