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of <h1>Currency Volatility Hits Rupee as Global Oil Prices and Geopolitical Tensions Drive Dollar Strength and Market Uncertainty</h1> The Indian rupee declined 6 paise to 86.17 against the US dollar in early trade, influenced by rising global crude oil prices and Middle East tensions. A strong dollar, foreign institutional investor outflows, and escalating Israel-Iran conflict contributed to the currency's depreciation. Domestic equity market gains and increased forex reserves partially mitigated further losses.
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