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Rupee Recovers but Still Needs a Chef's Precision!

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Rupee Recovers but Still Needs a Chef's Precision!

Listen up! The rupee finally got its act together on Tuesday, climbing to 93.63 per dollar! Why? Because crude prices took a nosedive after Trump decided to pause his fiery threats. But hold your horses; it ended at 93.87. Still down 8.95% this year! Come on, rupee, stop being so raw! Get it together!

few days ago | Anjali Kumari

Quick rundown

1.Rupee gains as crude oil prices dip.
2.Trump's pause on Iran threats boosts market sentiment.
3.Rupee closes at 93.87 per dollar after initial gains.
4.Iran denies talks despite US claims of progress.
5.State borrowing remains high with elevated SDL yields.

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