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The Economic Times
The Economic Times
Business

Indian rupee, bonds vulnerable to oil pangs on waning Iran diplomacy hopes

Indian rupee and government bonds are expected to remain vulnerable through a holiday-shortened week, with oil prices elevated, global bond yields at multi-year highs and rising bets on a Reserve Bank of India rate hike next week.

The rupee closed Friday at 95.8150 per dollar, little changed week on week.

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