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Rupee Today: The rupee strengthened against the dollar as oil prices fell to their lowest level since Russia invaded Ukraine and eased concerns about India's trade deficit and the inflation outlook.
Rupee Today: The rupee started on a weak note early on Monday, tracking a re-energised dollar after blockbuster US jobs data pushed expectations for a bigger-sized Federal Reserve rate hikes, hurting global risk assets.
The rupee collapsed to close provisionally at 79.6o against the greenback as the safe-haven stampede into dollar-denominated assets brushed aside almost every other currency, including the euro, which was on the brink of parity with the US currency for the first time since 2002.
Rupee Today: The rupee recovered a touch on Thursday, halting a six-day record weak closes streak.