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Rising crude oil prices

Rupee slides 44 paise against dollar as rising oil prices and Middle East tensions weigh

by InfoVera Team

The rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by renewed geopolitical tensions in West Asia, rising crude oil prices and a stronger American currency, PTI reported.Forex traders said weak domestic equities also added pressure on the local currency.At the interbank foreign exchange market, the rupee opened …

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