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Rupee closes at new all-time low of 77.72 against US dollar
short by Pragya Swastik / on Thursday, 19 May, 2022
The Indian rupee closed at a new all-time low of 77.72 against the US dollar on Thursday. It marked the fifth record weak close for the rupee in the last 10 trading sessions. The Indian rupee's value was weighed down by a marketwide sell-off in equities and foreign fund outflows.
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