Business

Rupee slips 8 paise against US dollar as crude prices rise amid Middle East chaos

The Indian Rupee started the week on a weaker note against the US dollar, influenced by rising global crude oil prices and a strengthening dollar. However, inflows from foreign institutional investors and robust forex reserves offered some respite. Recently, India’s foreign exchange reserves experienced a notable rise, prompting market watchers to closely track currency fluctuations and international trends.

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