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<h1>Rupee falls to 90.70 as RBI holds repo rate and geopolitical uncertainty plus oil and FII flows strengthen the dollar.</h1> The Reserve Bank's decision to maintain the repo rate at 5.25 per cent initially supported the rupee, but geopolitical uncertainty over US-Iran talks, a sharp rise in global crude oil prices, and net selling by foreign institutional investors combined to drive the currency down to settle at 90.70 against the US dollar, with market analysts projecting a near-term USD-INR trading range around 90.40-91.20.
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