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Rupee strengthens, bond yields fall after US-Iran peace deal eases oil worries (opens original article in a new tab)

TL;DR

The Indian rupee strengthened and bond yields fell after a US-Iran peace deal reduced oil prices, easing concerns for India as a major oil importer.

  • US-Iran peace deal led to drop in crude oil prices
  • Rupee strengthened against dollar to 94.6850
  • Bond yields fell as oil prices eased inflation concerns

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