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EconomyFlight to safety and rising oil test rupee’s recovery

The rupee’s recent rebound may come under pressure on Friday as investors move toward safer assets, weighing on risk-sensitive currencies, while higher oil prices could prompt importers to increase hedging.

Indian rupeesafe-haven demandoil prices

RReuters★★☆☆☆2026-10-23 04:10Original

Flight to safety and rising oil test rupee’s recovery
Flight to safety and rising oil test rupee’s recoveryEconomy