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GST, tariff hopes lift rupee; up 40 paise versus dollar

IndiaTimes Wednesday, 20 August 2025 ()
The Indian rupee surged, marking its largest daily gain in a month, driven by optimism surrounding potential US tariff easing following international talks and hopes for reduced sanctions on Russian oil imports. Domestic factors, including anticipated GST rate cuts and a recent credit rating upgrade, further bolstered the currency.
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