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Story summary
- The Indian rupee rose 0.4% to 95.2775 per dollar, extending its rally to a third session.
- The rupee slipped to 96.96 per dollar, prompting Reserve Bank of India intervention on Thursday and Friday.
- Brent crude fell 5% to $97.8 per barrel, the lowest in two weeks, lifting risk sentiment for oil-importing currencies.
- RBI Governor Sanjay Malhotra said the bank will do whatever required to keep the foreign-exchange market orderly.
