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Rupee hits record low for sixth day amid rising dollar demand
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in US bond yields boosted the dollar and strong demand for the greenback from importers added to the lingering pressure on the local currency. The rupee declined to 85.2075 against the US dollar, eclipsing its previous record low of 85.12 hit on Monday. It ended the session at 85.20,...
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