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Rupee inches up, Iran deal longevity worries and hedging drag

Rupee inches up, Iran deal longevity worries and hedging drag
The Times of India

The Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism about the deal's durability. While the peace agreement aims to reopen the Strait of Hormuz and lower oil prices, market…

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