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Rupee Extends Recovery, Settles at 94.50 Amid Softer Crude Business

Rupee Extends Recovery, Settles at 94.50 Amid Softer Crude

Short2News· 4mo ago ·29 reads

The Indian rupee closed at a provisional 94.50 per US dollar in interbank trading, gaining ten paise from the previous close. The modest appreciation was driven by lower crude oil prices and a weaker US dollar. Analysts view the move as a short‑term relief for import‑dependent sectors, though volatility may persist.

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