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Rupee slumps to fresh record low of 88.83 against US dollar: What’s behind the fall?

The rupee slipped past its previous all-time low of 88.80 to 88.83 today. For the day, the domestic currency was down 0.1% against the greenback. On the interbank order-matching system, losses were even sharper, with the currency last quoted at 89.34, as per a Reuters report.

Source :- mint – markets Read More

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