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of <h1>Rupee Slides 26 Paise to 85.45 Against Dollar as Oil Prices Rise and Import Demand Intensifies</h1> The Indian rupee depreciated 26 paise to settle at 85.45 against the US dollar due to surge in crude oil prices and importer demand. The currency's movement was influenced by political statements regarding the Federal Reserve and potential trade policy changes. Positive domestic markets, foreign fund inflows, and a weak US dollar index provided some support to the rupee's valuation.
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