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Friday, June 21, 2024

Rupee hits new low of 83.67 vs dollar

The rupee hit a historic low of 83.67 against the dollar due to significant outflows, importer demand, and global factors. The Reserve Bank of India's limited intervention led to a weaker close. The market eagerly awaits the impact of the Budget and the inclusion in JP Morgan's Emerging Markets Index.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q4Dfl2Z

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