Rupee Strengthens as Oil Prices Fall from Six-Month High
The Indian rupee closed stronger at 94.74 on Monday, gaining due to a drop in oil prices from six-month highs. During trading, the rupee fluctuated between 94.88 and 94.60. Brent crude oil futures were priced at $104 per barrel during Asian trading hours, contributing to the rupee's significant gains.
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