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via economictimes.indiatimes.comMarkets

Rupee boxed in range; traders focus on oil, outflows and RBI defence

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challenges, including escalating oil prices and considerable equity outflows, are to blame. The Reserve Bank of India has actively sought to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe rupee is stable but oil prices and equity outflows weigh on the currency.AI-generated summary

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