Rupee under pressure: Currency slips to 94.50 as oil rises, Dalal Street struggles in red
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The Indian Rupee fell by 12 paise, settling at 94.50 against the US dollar, driven primarily by surging crude oil prices. However, the currency found some respite from a weaker dollar and declining US treasury yields. Local stock market volatility and climbing oil costs further pressured the rupee. Notably, foreign institutional investors recently bought Rs 1,022.32 crore in equities.
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- https://timesofindia.indiatimes.com/business/india-business/rupee-under-pressure-currency-slips-to-94-50-as-oil-rises-dalal-street-struggles-in-red/articleshow/135107526.cms
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- 22/10/2026 04:56 UTC
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- 22/10/2026 05:39 UTC
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