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Rupee Takes a Tumble as Oil Prices Soar and Tensions Rise

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Rupee Takes a Tumble as Oil Prices Soar and Tensions Rise

The rupee slipped 30 paise to 95.84 against the dollar on Tuesday, thanks to skyrocketing oil prices and some Middle East drama! With Brent crude hitting $106, oil importers are scrambling, pushing dollar demand up. Meanwhile, the Sensex and Nifty are climbing, but foreign investors are cashing out on stocks. What a rollercoaster!