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Rupee slides to record low at 96.18 vs USD as surge in global yields compounds oil price pain

The rupee hit an all-time low of 96.18 against the dollar on Monday, extending its decline due to soaring global bond yields driven by high energy prices from the Iran war. This marks the currency’s fifth consecutive session of record lows, making it Asia’s worst performer this year.

Source :- Markets-Economic Times Read More

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