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Rupee rises 0.9% on Iran-Israel ceasefire
Mint Chennai
|June 25, 2025
The Indian rupee had its best day in a month on Tuesday as oil prices slumped, the dollar weakened and Asian currencies rallied after a ceasefire between Israel and Iran went into effect, reviving risk sentiment.
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The rupee closed at 85.9750 against the US dollar, up 0.9% on the day, its biggest single-day rise since 23 May.
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