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of <h1>Rupee Strengthens 27 Paise to 84.96 on Lower Oil Prices and Steady FII Investments, Constrained by USD Recovery</h1> The Indian rupee rose 27 paise to close at 84.96 against the US dollar amid declining crude oil prices and steady foreign institutional investor inflows. The currency's gains were limited by a recovering US dollar and geopolitical tensions. Market participants remained cautious during the holiday-shortened week, with the currency finding support at 84.94 and facing resistance at 85.70.
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