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Rupee Falls Amid Global Tensions and Rising Crude Oil Prices

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The Indian Rupee fell to 96.03 against the US Dollar on Monday due to global tensions and rising crude oil prices.

Global risk-off sentiments, driven by the stalemate between the US and Iran, led to a surge in Brent crude oil futures to USD 108.04 per barrel.

As a result of this increase in crude oil prices, foreign investors offloaded equities worth Rs 3,693.93 crore on Friday, adding pressure to the Rupee.

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