The Headlines – Rupee slips to a fresh low of 88.27 against $

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The Headlines – Rupee slips to a fresh low of 88.27 against $

The Indian rupee plummeted to a record low of 88.27 against the dollar, defying the upward trend of other Asian currencies. This decline is attributed to concerns over impending US tariffs on Indian exports, particularly in response to India’s purchase of discounted Russian oil. Heavy foreign portfolio outflows, exceeding $1.

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