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Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution

viaeconomictimes.indiatimes.com21 Oct
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders about the rupee’s sustainability. The rupee closed at 94.46 against the dollar, with earlier gains trimmed by…

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