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Updated: 8:59 pm Oct 16, 2026

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Rupee rises 1.9% in a week, closes below 95 per dollar

The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure.

16 Oct 2026 6:44 pm

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