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Rupee Falls To Record Low Of 95.63 Against US Dollar

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Rupee Falls To Record Low Of 95.63 Against US Dollar

Mumbai: The rupee depreciated 35 paise to close at an all-time low of 95.63 (provisional) against the US dollar on Tuesday, as renewed tension between the US and Iran has led to risk aversion in global markets. Forex traders said market sentiment remained dominated by fears that the 10-week-old conflict could further tighten global supply, particularly after President Donald Trump…

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