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Rupee slips to lifetime low of 96.44 in intraday trade on mounting external finance pressures, rising US yields

The rupee dropped to 96.44 per US ⁠dollar, slipping past the prior lifetime low of 96.3875 hit on Monday. The currency’s losses since the Iran war broke out in late February now ‌total 6%.

By Reuters· BusinessLine· 5 months ago· 2 min read
Rupee slips to lifetime low of 96.44 in intraday trade on mounting external finance pressures, rising US yields