Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall
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Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall


The Indian rupee hit a new low against the US dollar, breaching the 90 mark again due to trade deal challenges and corporate demand. Despite a weakening dollar globally, the rupee has fallen over 5% this year.

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