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Rupee slips to record closing low

Mint Mumbai

|

December 31, 2024

The rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.

Rupee slips to record closing low

The rupee ended at 85.5350 against the US dollar, down marginally from its close of 85.5325 in the previous session.

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