Rupee Weakens for Third Session as Dollar Demand Rises
The rupee weakened for a third session as importers stepped up dollar bids and foreign outflows weighed.
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Rupee weakens to over one-week low as oil rises
The Indian rupee fell for a third straight session on Thursday, weakening as oil prices rose on worries about escalating Middle East conflict. The report also cites elevated dollar demand tied to derivative maturities and corporate hedging.