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Oil fall lifts rupee to over one-week high after central bank keeps lid on losses

The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the rupee remained within a narrow band as Brent crude prices decreased by more than three percent. Concurrently, Asian currencies showed slight declines, with the dollar index slipping beneath 99.

25 Aug 2026 3:47 pm