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Asia · IndiaThe rupee has fallen nearly five per cent against the dollar from the beginning of the year. Of that, 0.8 per cent was in November alone. The development comes as banks continue to purchase the US dollar at higher levels and foreign institutional investors (FIIs) continue to exit the stock market. India is also under pressure over the steep tariffs imposed by the Trump administration as the two countries continue to negotiate a trade dealSee the Story
Why Has the Rupee Hit a Record Low? What Does It Mean for Indians?
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