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Rupee slumps to new low; rising import bill stokes inflation fears

The Indian Rupee reached a new record low against the US Dollar on Tuesday. Elevated crude oil prices and the ongoing conflict between the US and Iran impacted the currency. Concerns over India's rising import bill and potential inflation fueled demand for do…

By ET Bureau· The Times of India· 9 days ago· 2 min read
Rupee slumps to new low; rising import bill stokes inflation fears