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Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USD

Economic Times - Markets
Economic Times - Markets
Aug 21, 2026 · 3:52 PM
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Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USD
The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions about supply disruptions played a role in its performance. The Reserve Bank of India's timely intervention helped prevent any serious decline against the dollar.…
Economic Times - Markets
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