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Rupee hits 1-month high on falling crude, RBI rate pause

The Times of IndiaRead the original5 Aug 2026

Rupee hits 1-month closing high despite RBI holding repo rates steady. Sliding crude oil prices boosted sentiment, reducing import bill concerns. The currency strengthened to 82.15 against the dollar. Weak US data and risk-on global mood also supported the rally.

📊 STOCKS: | 🏢 SECTOR: Macro | #MEDIUMIMPACT #Rupee

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