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Rupee's RBI-spurred rally faces twin headwinds of oil volatility, Fed uncertainty

The currency ‌has drawn support over the last three ​sessions from likely intervention by the Reserve Bank ⁠of India, which traders expect will continue to underpin the currency

Pulse Bharat · Why it matters

The rupee's stability is threatened by global oil prices and foreign central bank policies, impacting import costs and foreign investment flows for India.

The Hindu BusinessLine Wed, 29 Jul 2026 03:51 DEVELOPING
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