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Rupee rises to 87.06 against the dollar
Mint Bangalore
|March 06, 2025
The rupee stayed firm for the third straight session and settled with a gain of 13 paise at 87.06 against the US dollar on Wednesday buoyed by a sharp recovery in domestic equities, a weak American currency and falling crude oil prices.
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Forex traders said US President Donald Trump's tariff escalation has set off a chain reaction in global markets, sending the dollar into a downward spiral.
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