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Rupee Seen Opening Firmer as Oil Falls, Dollar Strength Caps Gains

The rupee is expected to open at 94.75–94.78 after crude oil prices slid, with dollar strength and technical resistance expected to limit its advance.

USDINRUKOIL
SquawkNews Desk

By Nimesh VoraThe Indian rupee is likely to open on firmer footing on Tuesday following a slide in crude oil prices, though dollar strength and technical barriers are expected to contain the magnitude of the currency's advance.The rupee FX_IDC:USDINR is expected to open in the 94.75-94.78 range, p…

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