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Wednesday 29 June 2022

Rupee hits a new low, may breach 79/$ mark

The rupee fell to a new low of 78.84 against the dollar in intraday trade on Tuesday largely on account of pressures from foreign investors in the equity market and rising crude oil prices. With the currency trading at 79 in the offshore non-deliverable market, there are fears that the rupee will come under further pressure.

from Times of India https://ift.tt/vDFSu2e

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