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Rupee rises 5 paise to 84.05 against dollar
Millennium Post Delhi
|October 15, 2024
MUMBAI: The rupee recovered from its all-time low levels and appreciated 5 paise to close at 84.05 against the US dollar on Monday supported by strong domestic equity markets.
Forex traders said the rupee was weighed down by the strong US dollar and elevated crude oil prices.
Moreover, the Reserve Bank of India's intervention, backed by record-high reserves supported the local unit at lower levels, they said.
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