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Indian rupee finds its footing as oil worries cool, traders watch flow momentum

MUMBAI: The Indian rupee ended at its strongest level in two weeks on Thursday as oil prices eased below $100 per barrel on hopes that the risk of escalation in the Iran war has diminished after Republicans lost control of the US Congress. Easing oil prices lifted Indian stocks to their best day in 7 months while bond yields dropped to their lowest in more than one month on easing investor…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Indian rupee finds its footing as oil worries cool, traders watch flow momentum (opens Business Recorder in a new tab)

    MUMBAI: The Indian rupee ended at its strongest level in two weeks on Thursday as oil prices eased below $100 per barrel on hopes that the risk of escalation in the Iran war has diminished after Republicans lost control of the US Congress. Easing oil prices…

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