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India Rupee Review: Settles at record closing low for tenth session in a row

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India Rupee Review

Settles at record closing low for tenth session in a row

This story was originally published at 17:05 IST on January 6, 2025  Back
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The rupee ended at a record closing low against the dollar for the tenth consecutive session owing to weakness in the Chinese yuan and continued dollar purchases on behalf of foreign portfolio investors and importers, dealers said. This was despite persistent dollar sales, likely on behalf of the Reserve Bank of India, they said.

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