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Re hits record low of 84.38 as dollar surges after Trump win
Credit: IndiaTimes- Published on November 7, 2024
The Indian rupee fell to a new low against the US dollar, closing at 84.37, driven by foreign investors selling equities and a strengthening dollar following Donald Trump's presidential victory. Despite outperforming some Asian currencies, the rupee faced pressure from strong dollar demand. Analysts predict further depreciation...
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