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via thehindubusinessline.comMarkets

Rupee falls 12 paise to 94.50 against US dollar in early trade

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Rupee slips 12 paise to 94.50 against USD in early trade as weak equities and higher crude weigh, with mixed cues from global yields and oil.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA weaker rupee raises the cost of energy imports amid high crude prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The rupee slipped 12 paise to 94.50 against the dollar.
  2. 02The move reflects weak equities and higher crude.
  3. 03Cues from global yields and oil are mixed.

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