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Rupee jumps the most in a month
Mint Mumbai
|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
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