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Rupee slips as fragile Mideast truce dents stocks, bonds

The Indian rupee experienced a slight decline on Thursday. Higher oil prices, driven by concerns about the U.S.-Iran truce, impacted local stocks and bonds. Regional markets also faced pressure. Israel’s actions in Lebanon further jeopardized the Middle East ceasefire. Iranian negotiators are set to meet U.S. Vice President JD Vance for peace talks.

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