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Rupee Rallies Against US Dollar Amidst Geopolitical Tensions
The Indian rupee rallies 9 paise against the US dollar, showing resilience despite high crude oil prices and geopolitical tensions. The Reserve Bank of India expects significant foreign currency inflows this year, which could bolster the rupee further. However, domestic equities are trading slightly weaker, indicating mixed market sentiments.
βοΈ AI Verdict
"The rupee's rally is a bright spot, but challenges loom ahead."
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File ID: #363680Original Source: Times Of India β
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