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Re falls 26 paise on dollar demand
Financial Express Delhi
|June 05, 2025
THE RUPEE DEPRECIATED for the second consecutive session and settled for the day lower by 26 paise at 85.91 against the US dollar on Wednesday, largely driven by strong dollar demand from importers.
Forex traders said the local unit remained under pressure on geopolitical tensions between Russia-Ukraine and elevated crude oil prices.
The local unit registered the second consecutive session of fall and has lost 48 paise over the greenback.
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