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Dollar gains strength, rupee falls to all-time low of 84.25
The Business Guardian
|November 07, 2024
Amid the rising possibility of Donald Trump returning to White House, the dollar on Wednesday strengthened while the Indian rupee hit all-time low of 84.25 against US dollar.
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This development has heightened market expectations of higher government spending under a Trump administration, which could lead to a surge in the US fiscal deficit.
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