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The Times of India·Business

Rupee slips to 94.50 as oil prices climb

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Rupee slips to 94.50 as oil prices climb

The rupee weakened 12 paise to 94.50 per dollar as rising crude prices and volatile local markets added pressure. A softer dollar and lower United States Treasury yields offered some relief, while foreign investors bought equities worth 1,022 crore rupees.

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