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    <title>Rupee slips 29 paise to 87.95 against US dollar in early trade</title>
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    <description>Presidentially announced and threatened US tariff increases on India over its purchases of Russian oil led to immediate pressure on the Indian rupee, which opened weaker and depreciated against the US dollar; market participants linked the move to tariff rhetoric, potential capital flow effects, and investor sentiment ahead of the Reserve Bank of India&#039;s imminent Monetary Policy Committee decision, while equities declined and foreign institutional investors sold net positions.</description>
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