Home Business Rupee Hits Record Low Against Dollar, Inflation Concerns Rise

Rupee Hits Record Low Against Dollar, Inflation Concerns Rise

By
Business Editor - Nikhil Bhatt
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119
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The Indian rupee weakened to a historic low of 88.46 against the U.S. dollar, raising concerns about potential inflationary pressures. The currency opened at 88.12 in the forex market and quickly depreciated, touching an intraday low of 88.46, before closing at 88.42. With the dollar gaining 31 paise, the rupee

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