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Home > India > INDIA RUPEE-Rupee jumps 1% after RBI redirects oil dollar demand, raises cost of some FX hedges

INDIA RUPEE-Rupee jumps 1% after RBI redirects oil dollar demand, raises cost of some FX hedges

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Last Updated: October 12, 2026 09:23:53 IST

(Updated headline, adds analyst comment, details throughout) By Nimesh Vora MUMBAI, Oct 12 (Reuters) – The Indian rupee surged 1% at open on Monday after the central bank alleviated pressure on the

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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