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Rupee hits one-month low as Iran-US escalation drives oil to $80

Buzz line2 months ago05 mins

MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…

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