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Rupee jumps the most in a month
Mint Chennai
|August 14, 2025
The Indian rupee gained the most in more than a month on Wednesday as softer US inflation data bolstered hopes of a Federal Reserve rate cut in September, weighing on the dollar.
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The local currency unit gained 0.31%—its highest intraday gain since 3 July—and closed at 87.4400, compared to Tuesday's close of 87.7125. US inflation data released on Tuesday showed consumer prices rose modestly in the world's largest economy in July, with impact
This story is from the August 14, 2025 edition of Mint Chennai.
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