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Rupee Weakens Past 94 Amid Oil Price Surge

Rupee Weakens Past 94 Amid Oil Price Surge Why in the News ? The Indian rupee has depreciated beyond ₹94 per U.S. dollar, marking its fourth consecutive fall, due to rising crude oil prices, global uncertainty, and capital outflows, despite intervention by the Reserve Bank of India. Recent Trends in Rupee Depreciation: Exchange Rate Fall: …

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