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May 29, 2026, 07:16 PM - 4 min read
According to forex traders, the Indian currency gained ground due to a decline in global crude oil prices and weakness in the US dollar after reports suggested that Washington and Tehran had reached an understanding to extend the ceasefire for another 60 days.
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March 17, 2026, 11:54 AM - 2 min read
The rupee had dived to an intraday low of 92.48 on March 16 but recovered to close at 92.42 the previous day. Traders attributed the rebound to aggressive dollar-selling by the RBI.
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March 6, 2026, 11:16 AM - 2 min read
As the conflict in Iran intensifies — with Iran having announced the indefinite closure of the Strait of Hormuz — the United States on Thursday provided a temporary 30-day waiver to allow Indian refiners to purchase Russian oil.
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