Indian Rupee Weakens 8 Paise Against US Dollar as Crude Prices Rise Amid Middle East Chaos

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Economy

10 August 2026 at 2:12 pm

Indian Rupee Weakens 8 Paise Against US Dollar as Crude Prices Rise Amid Middle East Chaos

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Summary

The Indian Rupee weakened by 8 paise against the US dollar due to rising global crude oil prices and a stronger dollar, despite some support from foreign institutional investor inflows and robust forex reserves.

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