The Indian Rupee experienced a significant surge, climbing 67 paise to close at 95.18 against the US dollar. This robust recovery was primarily fueled by a sharp decline in global crude oil prices, following US President Donald Trump’s indication of an imminent deal with Iran. Positive domestic equity market trends and a weaker US dollar further bolstered the rupee’s performance.
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Rupee rebounds 67 paise to 95.18 against US dollar as oil prices tumble on Iran deal hopes
- by The News Vista
- June 12, 2026
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