Indian Rupee Recovers Slightly Amidst Global Dollar Weakness and Local Market Gains
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Indian Rupee Recovers Slightly Amidst Global Dollar Weakness and Local Market Gains

The Indian rupee opened slightly higher against the US dollar, recovering some ground after recent depreciation. This recovery was supported by a weaker dollar globally and a modest uptick in local stock markets. The rupee had previously closed at 89.98 against the dollar, influenced by foreign fund outflows and negative equity trends, despite easing crude oil prices.

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