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Re falls to 84.28, biggest drop in over 4 months
Credit: IndiaTimes- Published on November 6, 2024
The Indian rupee experienced its most significant drop in over four months, closing at 84.28 against the US dollar due to Trump's victory. Despite this decline, the Reserve Bank of India (RBI) intervened to curb further depreciation. Global currencies also faced significant losses against a strengthening dollar, fueled by...