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Rupee touches new low for the fifth straight session
The Business Guardian
|November 13, 2024
This level, indicative of persistent challenges for the rupee, reflects an ongoing struggle against strong dollar demand, high crude oil prices, and considerable foreign institutional outflows
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The Indian rupee is on a declining trend over the last few months against the US dollar. At the time of filing this report, the rupee was trading at 84.41 against the US dollar, very close to its record low of 84.48 as economic and geopolitical pressures weigh on the curre
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