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Soft Yuan pushes Rupee to 2-week low

Mint Kolkata

|

April 09, 2025

The rupee fell to a more than two-week low on Tuesday, weighed down by a weaker yuan and corporate hedging demand, while forward premiums eased on rising US bond yields.

- Reuters

The rupee closed at 86.2650 against the US dollar, down 0.5% on the day. The currency hit a low of 86.29 during the session, its lowest since 21 March.

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