Rupee weakens to a new low; traders see currency breaching 79/$ soon

Such a long ways in 2022, the rupee has shed around 5.8 percent against the dollar as higher US financing costs and a flood in worldwide product costs have the point of view toward the money Rupee and Dollar. The rupee debilitated to a new low against the US dollar on Wednesday as homegrown financial exchanges tumbled and as abroad financial backers gave no indications of easing up on deals of Indian values. The homegrown cash was last exchanging 0.2 percent lower versus …

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