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    <title>Rupee dives 59 paise against US dollar on spike in crude oil prices</title>
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    <description>Exchange rate depreciation followed a sharp rise in global crude oil prices and geopolitical tensions, with a firmer dollar and foreign investor selling driving the domestic currency lower; central bank support was noted while higher oil costs were identified as widening the trade deficit and increasing consumer price inflation, and market participants expected continued volatility ahead of trade data releases.</description>
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