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    <title>Rupee slumps 18 paise to close at 85.50 against US dollar</title>
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    <description>Rupee depreciation was driven by import demand for dollars and foreign fund outflows, offset in part by stronger domestic equity markets and lower crude oil prices. Trading showed intra-day volatility with the currency paring earlier gains; analysts expect a modest positive bias supported by improved risk appetite and easing geopolitical and trade tensions, while awaiting U.S. macroeconomic releases and central bank commentary for further direction.</description>
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