Rupee extends winning streak, rises to 94.96 against dollar as RBI tightens forex rules
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In a significant turnaround, the Rupee gained ground against the US dollar, settling at 94.96 as a result of strategic interventions by the Reserve Bank of India. These measures aimed at reducing excessive demand for dollars positively influenced the forex market, contributing to a decline in the dollar index and modestly lower oil prices. What's Your Reaction?
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