Rupee rises to 96.49 against US dollar, rising oil prices limit gains

Jul 23, 2026 - 11:30
Rupee rises to 96.49 against US dollar, rising oil prices limit gains

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The Indian rupee saw a slight gain against the US dollar on Thursday. Rising crude oil prices continue to exert pressure on the currency. The Reserve Bank of India's intervention is expected to limit sharper losses. Foreign investors showed mixed sentiment in Indian equities and bonds. Stock markets opened on a weak note, with key indices falling.

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