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Rupee flat amid high oil prices despite RBI support

Free Press KashmirRead the original24 Aug 2026

Rupee flat amid high oil prices despite RBI support. The Indian rupee remained stable as gains from RBI intervention were neutralized by rising crude oil prices. Crude futures rose to $85.30/barrel, increasing import pressures. Forex markets expect range-bound movement near 83.10/USD.
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